West End is in the TOP 30% in QLD when comparing median price capital growth over the last year. West End gave property investors a good capital gain figure when compared to the rest of the state, with 18.78%.
West End,4101 has offered an average of 18.78% return per annum in house price rises to property investors over the last three years.
In the last year 48 properties changed hands in West End, which puts it as the 578th most active market in QLD when comparing the number of sales per suburb.
With a capital gain of 6.31% for the last 12 months, West End, 4101 has performed for property investments than its average annual 0.91% property growth over the last 5 years.
West End,4101 has offered an average of 6.31% return per annum in house price rises to property investors over the last three years.
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 West End, 4101. Typically our figures indicate that -5.15% is being offered, which puts this QLD suburb at 238th most discounted overall in Australia.
Renters in Suburb are facing rents around $21840 per annum or $420 every week.
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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