Inala, 4077 ranked 656th in QLD when comparing growth in median property values or capital gain over the last 12 months. Inala is one of 2415 in our list for QLD
Inala,4077 has offered an average of -4.52% return per annum in house price rises to property investors over the last three years.
The most recent median price for Inala is $350000, with sellers offering an average of -8.59% off the asking price.
On average over the past year, suburb has had 9.83 sales per month, which equates to 118 per year.
Using the current median advertised rental of $330 and the average annual increase in value of a median property of 2.01%, investors should hope to achieve an overall return of 4.90%
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Inala’s market suffered along with the rest of the region in the wake of the 2011 floods, but strong fundamentals and increased buyer confidence point to an up year for this up and coming suburb.
Estate agent Isaac Nguyen with All Properties Group says he has definitely seen more interest from young families in Inala in recent months, as the dip in prices seemed to turn some renters into buyers. “It’s one of the few suburbs in the Brisbane area where you can get a house in good shape under $300,000, and first time homebuyers especially seem to be knocking on the door.”
Nguyen also points to a wave of recent renovations in the area as a sign that the area is on the way up. Investors have also been eyeing Inala as rents held form through the downturn pushing yields back to above 5%.
Best Street(s): Goldfinch St: This long, broad street boasts a number of well-maintained homes with striking front gardens, along with good access to parkland and shops.