Brendale, 4500 ranked 180th in QLD when comparing growth in median property values or capital gain over the last 12 months. Brendale is one of 2415 in our list for QLD
Brendale,4500 has offered an average of -1.65% return per annum in house price rises to property investors over the last three 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 Brendale, 4500. Typically our figures indicate that -6.72% is being offered, which puts this QLD suburb at 354th most discounted overall in Australia.
Often selling an investment property can take time, and in Brendale the average time real estate has been on the market is 104.917 days.
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Affordable suburb offers good yields
Median unit price: $389,000
Three-year growth: 0.6%
Rental yield: 4.6%
One of the industrial hubs of the Pine Rivers region, Brendale enjoys an advantageous location less than 20km from the Brisbane CBD.
Despite a stumble that had house values slipping by 0.3% in the year to January 2019, the January 2019 quarter recorded a recovery for the suburb, with prices going up by 8.1% in this period to hit a median of $389,000. Coupled with reasonable yield and strong demand from buyers, Brendale could be a great option for investment.
The suburb was named for a horse stud that belonged to a land developer. Since its establishment in around 1870, Brendale had undergone much change. The Brendale Farmers Market makes it home on Kremzow Road, and there are sports facilities in the suburb, including two golf courses, a driving range and a sporting complex. There is also a small park near a housing estate.