Property value increases in Middle Park have tracked just lower than the QLD average of 0.78% over the last 12 months.
If we look at median property appreciation over just the last three months, Middle Park has given property investors a paper return of -1.53%. This puts Suburb as 618 on a list of fastest fasting appreciating suburbs in QLD
Middle Park4074 is located in QLD which offers an average discount of -7.01% to property investors. Middle Park itself is showing figures that indicate -4.76% is the average achievable by property buyers investing in the suburb.
With the median price for a house in Middle Park being $610500 and the advertised rent reaching $490 the gross rental yield for property investors calculates out to be 4.17%
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Middle Park is 12km south-west of the Brisbane CBD. It’s within easy reach of the Centenary and Ipswich motorways into the city, and the nearest rail stations are the Darra and Wacol stations, which offer a number of routes into the city via the Corinda interchange. It’s well-served for amenities, with the recently-refurbished Park Village shopping centre located in the suburb, as well as a number of schools.
The median house price for the area is more than $500,000 according to RP Data, but three-bedroom reno projects are available from under $400,000.