Inala has had a pretty average year for property investment returns compared to the rest of QLD, giving investors a capital gain of 9.86% to date .
When looking at the potential capital gains offered to property investors over the last 3 years, Inala comes in at number 815th in QLD.
LACK OF BUYER INTEREST may well be the reason that Inala is offering property investors an average of -4.90. This rate of discount on properties puts Suburb at number 302th in terms of most discounted suburbs in QLD
Renters in Suburb are facing rents around $17680 per annum or $340 every week.
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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.