Property investors who have had real estate in Highgate Hill, 4101 should be pleased with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 15.93%
While Highgate Hill,4101 ranked number 14th in QLD for increase in median house value (annualised) increase, it is ranked 526th over the last 5 years.
Investment property in Highgate Hill has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 0.47%
Over the longer term, Highgate Hill has seen property prices show investors a -9.13% return over the last 3 years. This is an improvement over the last 12 months
Vendor discounting in Highgate Hill is giving property investors an average Vendor Discount of around -7.26%. This puts suburb at number 64th in QLD when ranking the most discounted suburbs.
In the last year 38 properties changed hands in Highgate Hill, which puts it as the 143th most active market in QLD when comparing the number of sales per suburb.
Advertised rents are around the $390 mark per week – giving a return of 3.81% based on the median price in Suburb
Information supplied by:
07 3166 0888
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