When looking at the potential capital gains offered to property investors over the last 3 years, Brendale comes in at number 147th in QLD.
With the median price for a house in Brendale being $499000 and the advertised rent reaching $345 the gross rental yield for property investors calculates out to be 3.60%
Property value increases in Brendale have tracked just lower than the QLD average of 8.71% over the last 12 months.
A 1.66% growth in median value for property investors in Brendale,4500 puts this suburb at number 194th in terms of best performing suburbs in QLD
The most recent median price for Brendale is $275500, with sellers offering an average of -3.50% off the asking price.
On average over the past year, suburb has had 7.42 sales per month, which equates to 89 per year.
Brendale is 83th on a list of best yielding suburbs for rents in QLD with a 6.56% return
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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.