West End has had a very poor year for property investment returns compared to the rest of QLD, giving investors a capital gain of -5.74% to date .
West End,4101 was ranked 3850 in Australia by increase in median property value over the quarter.
Residents and property investors in West End have been waiting around 79.8421 days to sell a property.
West End, 4101’s gross rental yield is 3.22%
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 3.21%.
When looking at the potential capital gains offered to property investors over the last 3 years, West End comes in at number 184th in QLD.
West End, 4101 is offering QLD ‘s 148th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 40% of discounts offered by this QLD.
West End is 293th on a list of best yielding suburbs for rents in QLD with a 4.42% return
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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