With a capital gain of 16.41% for the last 12 months, Murarrie, 4172 has performed for property investments than its average annual 5.16% property growth over the last 5 years.
Murarrie,4172 was ranked 3223 in Australia by increase in median property value over the quarter.
Our latest figures would indicate that property sellers in Murarrie are currently offering property investors an average price cut of -3.98% below the asking price at the moment.
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.