West End is in the bottom 30% in QLD when comparing median price capital growth over the last year. West End gave property investors a disappointing capital gain figure when compared to the rest of the state, with -3.08%.
A 4.53% growth in median value for property investors in West End,4101 puts this suburb at number 415th in terms of best performing suburbs in QLD
Renters in Suburb are facing rents around $28600 per annum or $550 every week.
At number 940th in the list of Australian suburbs ordered by increase in median house value over the last year, West End, 4101 is in the BOTTOM 40% with a property value increase of -2.83% recorded in median house prices.
Taking the average capital gain, or increase in median house value, West End,4101 has racked up an average of -2.83% over the period. This ranks it number 1059th in the whole country for real estate investors looking at median house price increases.
West End, 4101 is offering QLD ‘s 176th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 20% of discounts offered by this QLD.
Residents and property investors in West End have been waiting around 83.3 days to sell a property.
Using the current median advertised rental of $459 and the average annual increase in value of a median property of -0.21%, investors should hope to achieve an overall return of 4.63%
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Property value increases in West End have tracked just higher than the QLD average of 0.32% over the last 12 months.
The five-year average increase in median property values for West End,4101 has given property investors a potential capital gain of -3.99% across each of those five years.
West End, 4101 is offering QLD ‘s 430th most discounted properties when looking at the average discount being offered by vendors. This puts it in the middle of discounts offered by this QLD.
Using the current median advertised rental of $550 and the average annual increase in value of a median property of 6.96%, investors should hope to achieve an overall return of 3.71%
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