South Brisbane, 4101 ranked 96th in QLD when comparing growth in median property values or capital gain over the last 12 months. South Brisbane is one of 2415 in our list for QLD
A -3.30% growth in median value for property investors in South Brisbane,4101 puts this suburb at number 229th in terms of best performing suburbs in QLD
At number 70th of QLD’s most discounted properties, South Brisbane is in the bottom 40% of the state/territory when listing in order of most discounted to least.
At number 779 in a list of fastest selling suburbs, South Brisbane is just in the bottom half of suburbs in Australia with an average of days on market 81.6825 for properties listed there.
Renters in Suburb are facing rents around $26000 per annum or $500 every week.
Information supplied by:
Nicole Tam
Ironfish
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07 3166 0888
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W
www.ironfish.com.au
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[email protected]
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%
Selling points:
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Location (Brisbane inner city)
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Vacancy rate 2.3%1 (March 2013)
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Rental return 5.87%2 (South Brisbane units over the last 12 months)
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Median rent at $465 per week3 (South Brisbane units)
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Increasing population growth
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Strong demand
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.
Main arteries:
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Go Between bridge (completed 2010) linking South Brisbane with the Inner City Bypass and the Airport Link Tunnel
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$63 million ‘Kurilpa’ pedestrian and bicycle bridge connecting South Brisbane to the Central Business District
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$40 million upgrade to the ‘Goodwill’ pedestrian/bicycle bridge from South Brisbane to Queensland University of Technology