Investment property in Murarrie has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -1.66%
Comparing Murarrie,4172 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
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 Murarrie, 4172. Typically our figures indicate that -4.78% is being offered, which puts this QLD suburb at 2512th most discounted overall in Australia.
Often selling an investment property can take time, and in Murarrie the average time real estate has been on the market is 52.7105 days.
The QLD suburb of Murarrie, 4172 is in the Brisbane (C) local government area.
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Prices slip in river suburb
Median house price: $604,500
Three-year growth: 16.7%
Rental yield: 3.9%
Murrarie’s house market has grown over the last three years, with the median price increasing 16.7%.
Murarrie is a residential and industrial suburb on the southern banks of the Brisbane River. While a yearly growth rate of -0.7% has been recorded in the last 12 months, Murarrie remains a popular suburb with a strong track record of long-term capital growth.
Bordering the Gateway Bridge and just 15 minutes’ drive from Brisbane’s CBD, Murarrie is a reasonably sized community of nearly 4,000 people. The suburb contains everything you need to call it home, with local facilities including childcare centres, shopping malls and several primary schools. It’s also where two popular Brisbane newspapers – the Courier Mail and Sunday Mail – are printed.
The median house price in Murarrie is $604,500, and with plenty of public transport options Murarrie is an affordable choice for landlords seeking a family home investment.