At number 1906th in the list of Australian suburbs ordered by increase in median house value over the last year, Shailer Park, 4128 is in the top half with a property value increase of 0.90% recorded in median house prices.
When looking at the potential capital gains offered to property investors over the last 3 years, Shailer Park comes in at number 353th in QLD.
Shailer Park4128 is located in QLD which offers an average discount of -6.78% to property investors. Shailer Park itself is showing figures that indicate -5.07% is the average achievable by property buyers investing in the suburb.
On average over the past year, suburb has had 12.75 sales per month, which equates to 153 per year.
The QLD suburb of Shailer Park, 4128 is in the Logan (C) local government area.
Investment property in Shailer Park has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 3.57%
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Shailer Park has increased when compared to the 5 year average annual rate.
In the last year 21 properties changed hands in Shailer Park, which puts it as the 231th most active market in QLD when comparing the number of sales per suburb.
Information supplied by:
Major upswing for hilly suburb
Median unit price: $465,000
Three-year growth: 68.5%
Rental yield: 3.5%
The middle-class residential suburb of Shailer Park makes its home on the hilly terrain that separates the Pacific Motorway from forest and bushland. The suburb has been on quite a roll – unit values increased by almost 70% in the five years to November 2018, with a staggering 14% growth over the November quarter alone.
Shailer Park is a major entertainment hub in southeast Queensland. Regional shopping centre Logan Hyperdome is located here, and houses the Loganholme bus station. There is also a thriving commercial scene; in fact, the Queensland government officially recognised the suburb as a major activity centre in the 2005-2026 South East Queensland Regional Plan.
It’s not all shopping and commerce here, however; there is a patch of land in the northeast pocket of the suburb that is occasionally known as Kimberley Park.