Acacia Ridge has had a quite poor year for property investment returns compared to the rest of QLD, giving investors a capital gain of 1.27% to date .
The five-year average increase in median property values for Acacia Ridge,4110 has given property investors a potential capital gain of 12.68% across each of those five 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 Acacia Ridge, 4110. Typically our figures indicate that -4.72% is being offered, which puts this QLD suburb at 989th most discounted overall in Australia.
Residents and property investors in Acacia Ridge have been waiting around 49.1667 days to sell a property.
Acacia Ridge is 404th on a list of best yielding suburbs for rents in QLD with a 4.61% return
QLD has seen average median house prices change by 1.55% which means that Acacia Ridge, 4110 has done well for property investors by showing a capital gain of -2.29% over the last year
Situated 12.61km from the CBD, Acacia Ridge is one of Brisbane (C) localities in the postcode 4110.
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Buyers snap up houses quickly
Median unit price: $406,500
Three-year growth: 12.2%
Rental yield: 4.6%
Acacia Ridge is primarily residential, although an industrial pocket has been set up in the eastern part of the suburb. Automobile giant Toyota has established its managerial and distribution headquarters within the southern Queensland region here; moreover, one of the biggest railway freight yards in the state is located here.
There are several schools in Acacia Ridge, such as Watson Road State School, Acacia Ridge State School and Murri School.
House value growth rates have remained positive up to December 2018, although growth has slowed since 2013 with the average annual growth rate comes in at 2.2%. Nonetheless, houses are affordable, at a median price of $406,500, and sell quickly in 26 days on average.