South Brisbane has had a very poor year for property investment returns compared to the rest of QLD, giving investors a capital gain of -34.03% to date .
Taking the average capital gain, or increase in median house value, South Brisbane,4101 has racked up an average of -34.03% over the period. This ranks it number 2477th in the whole country for real estate investors looking at median house price increases.
South Brisbane is 747th on a list of best yielding suburbs for rents in QLD with a 2.38% return
Property investors who have had real estate in South Brisbane, 4101 should be ok 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 3.48%
If we look at median property appreciation over just the last three months, South Brisbane has given property investors a paper return of -5.17%. This puts Suburb as 323 on a list of fastest fasting appreciating suburbs in QLD
State is the 4th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.94% offered to property buyers. Sellers in South Brisbane itself are offering an average vendor discount of -7.35% to real estate investors.
In the last year 328 properties changed hands in South Brisbane, which puts it as the 12th most active market in QLD when comparing the number of sales per suburb.
Advertised rents are around the $470 mark per week – giving a return of 4.44% based on the median price in Suburb
Information supplied by:
Nicole Tam
Ironfish
M
07 3166 0888
O
W
www.ironfish.com.au
E
brisbane@ironfish.com.au
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%Full summary
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
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