Over the last year, property investments in Doolandella, 4077 have given investors a capital gain of 11.88%. This compares very favourably with the 2.82% for QLD as a whole.
Doolandella,4077 was ranked 2680 in Australia by increase in median property value over the quarter.
With the median price for a house in Doolandella being $492000 and the advertised rent reaching $410 the gross rental yield for property investors calculates out to be 4.33%
If you compare the increase in value of investment property in Doolandella, 4077 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this QLD suburb was -21.36%.
When looking at the potential capital gains offered to property investors over the last 3 years, Doolandella comes in at number 348th in QLD.
Advertised rents are around the $340 mark per week – giving a return of 6.43% based on the median price in Suburb
Information supplied by:
Median unit price: $349,700
Stock on market: -32.2%
12-month growth: 1.95%
Doolandella is a growing outer suburb of Brisbane, situated next to Forest Lakes, around 20km south-west of the CBD. Forest Lakes was one of the first major master-planned communities in Brisbane, and Doolandella has followed suit, growing substantially in the last 15 years.
With access to plenty of schools, green open spaces and parklands, Doolandella is a family-friendly suburb that is conveniently situated near the Brisbane CBD, with great access to both the Ipswich and Logan Motorway.
In 2004, a total of 70 houses with a population of 255 were recorded in the suburb. By the 2011 Australian Census, the population had swelled to over 3,100, with the number of occupied dwellings rising to 934. The number of available properties has shrunk in recent years, in response to increasing demand.
It is still possible to buy acreage homes in the area, though these are increasingly being subdivided into smaller property lots to make way for new development.Close