South Brisbane is in the bottom 20% in QLD when comparing median price capital growth over the last year. South Brisbane gave property investors a dismal capital gain figure when compared to the rest of the state, with -10.45%.
Across a shorter period, South Brisbane, 4101 has seen a median price increase of -11.70% over the last quarter.
LACK OF BUYER INTEREST may well be the reason that South Brisbane is offering property investors an average of -6.45. This rate of discount on properties puts Suburb at number 55th in terms of most discounted suburbs in QLD
Information supplied by:
07 3166 0888
SOUTH BRISBANE, 4101 ranked 220th in QLD when comparing growth in median property values or capital gain over the last 12 months. SOUTH BRISBANE is one of 2411 in our list for QLD.
When looking at the potential capital gains offered to property investors over the last 3 years, SOUTH BRISBANE comes in at number 93th in QLD.
SOUTH BRISBANE4101 is located in QLD which offers an average discount of -11.38% to property investors. SOUTH BRISBANE itself is showing figures that indicate -8.70% is the average achievable by property buyers investing in the suburb.
With the median price for a house in SOUTH BRISBANE being $449250 and the advertised rent reaching $530 the gross rental yield for property investors calculates out to be 6.13%
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