Giving property investors a an average capital gain of 0.57% for the last year, Berrinba, 4117 is the 2163th highest performer in Australia in this respect.
Comparing Berrinba,4117 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
The most recent median price for Berrinba is $440000, with sellers offering an average of -5.82% off the asking price.
A $420 per week rent on the median house gives suburb investors a gross yield of circa 4.96%, without taking into account capital value appreciation, which has been averaging out at 1.11%.
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Berrinba, located 24 km from the Brisbane CBD is a hidden gem that has seen phenomenal growth over the past 30 years. According to Residex figures, over the past 31 years, the suburb enjoyed an average growth of 15.2% per annum from a low base of $5,162 as at September 1979. Median house price has since climbed to its peak at $421,599 in June 2010 before easing to its current median of $414,544.
The suburb of 149 residents is highly accessible via the Logan Motorway that connects to the Pacific Highway and to Ipswich Road. This excellent road connectivity reduces travel time to the Gold Coast, Ipswich or to the airport.