Over the last year, property investments in Highgate Hill, 4101 have given investors a capital gain of -1.09%. This compares averagely with the 0.78% for QLD as a whole.
Over the longer term, Highgate Hill has seen property prices show investors a -18.39% return over the last 3 years. This is an improvement over the last 12 months
Property value increases in Highgate Hill have tracked just higher than the QLD average of -0.57% over the last 12 months.
Highgate Hill,4101 was ranked 405 in Australia by increase in median property value over the quarter.
Our latest figures would indicate that property sellers in Highgate Hill are currently offering property investors an average price cut of -7.47% below the asking price at the moment.
Renters in Suburb are facing rents around $20540 per annum or $395 every week.
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Highgate Hill has had a pretty average year for property investment returns compared to the rest of QLD, giving investors a capital gain of -0.13% to date.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Highgate Hill has fallen somewhat when compared to the 5 year average annual rate.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Highgate Hill, 4101. Typically our figures indicate that -9.95% is being offered, which puts this QLD suburb at 1478th most discounted overall in Australia.
Residents and property investors in Highgate Hill have been waiting around 121.51 days to sell a property.
Highgate Hill, 4101’s gross rental yield is 3.38%
Location (Brisbane inner city)
Vacancy rate 2.3%1 (March 2013)
Rental return 5.87%2 (South Brisbane units over the last 12 months)
Median rent at $465 per week3 (South Brisbane units)
Increasing population growth
South Brisbane is Australia No. 1 investment pick by ‘Your Investment Property’ magazine, due to the high demand for inner city rentals with a very low supply of rental stock.
Most sought-after properties: Apartments
Most common properties: Apartments and Houses
Top amenities: Southbank Parklands, Mater Hospital, Brisbane State High, Griffith Conservatorium of Music, Southbank TAFE, Gallery of Modern Art, QUT and Griffith Universities, Queensland Museum, Qld Performing Arts Centre
Local industry and business: Variety
Best streets: Boundary St (South Brisbane)
Public transport: Extremely well serviced transport infrastructure including train stations, priority busways, ferry services and both pedestrian and bicycle bridges to the CBD.
Go Between bridge (completed 2010) linking South Brisbane with the Inner City Bypass and the Airport Link Tunnel
$63 million ‘Kurilpa’ pedestrian and bicycle bridge connecting South Brisbane to the Central Business District
$40 million upgrade to the ‘Goodwill’ pedestrian/bicycle bridge from South Brisbane to Queensland University of Technology