With a capital gain of 3.64% for the last 12 months, Bardon, 4065 has performed for property investments than its average annual 3.94% property growth over the last 5 years.
While Bardon,4065 ranked number 616th in QLD for increase in median house value (annualised) increase, it is ranked 317th over the last 5 years.
Bardon4065 is located in QLD which offers an average discount of -6.78% to property investors. Bardon itself is showing figures that indicate -6.71% is the average achievable by property buyers investing in the suburb.
The QLD suburb of Bardon, 4065 is in the Brisbane local government area.
Property investors who have had real estate in Bardon, 4065 should be relatively unhappy with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -1.95%
Over the longer term, Bardon has seen property prices show investors a 7.39% return over the last 3 years. This is worse than over the last 12 months
Bardon, 4065 is offering QLD ‘s 251th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 30% of discounts offered by this QLD.
At number 715 in a list of fastest selling suburbs, Bardon is just in the top half of suburbs in Australia with an average of days on market 70.45 for properties listed there.
Advertised rents are around the $500 mark per week – giving a return of 4.31% based on the median price in Suburb
Just 4.5km west of Brisbane CBD, Bardon is a leafy suburb with views to the city and the bush land area of Mt Coot-tha. The suburb has undergone gentrification over the past decade with most of the old-style Queenslanders and workers cottages being renovated and converted into modern dwellingsFull summary
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Located just 4.5km west of Brisbane CBD, Bardon is a leafy suburb with views to the city and the bush land area of Mt Coot-tha. The suburb has undergone gentrification over the past decade with most of the old-style Queenslands and workers cottages being renovated and converted into modern dwellings.
It’s elevated position, leafy outlook and close proximity to the city has fuelled solid growth in the area. While it’s considered a transport black hole, because there are no trains going into the area, it’s adequately serviced by buses.
“It’s seen 13% pa growth over the past 10 years and once we start seeing some upgrades to transport in that area that should push price growth further up,” says PRDnationwide's Josh Brown.
The Brisbane City Council is also upgrading its bus services so the accessibility is also set improve.