If you compare the increase in value of investment property in Burpengary, 4505 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this QLD suburb was 0.34%.
Burpengary,4505 has offered an average of 0.34% 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 Burpengary, 4505. Typically our figures indicate that -4.46% is being offered, which puts this QLD suburb at 2630th most discounted overall in Australia.
If you compare the increase in value of investment property in Burpengary, 4505 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this QLD suburb was -1.77%.
When looking at the potential capital gains offered to property investors over the last 3 years, Burpengary comes in at number 60th in QLD.
State is the 4th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.19% offered to property buyers. Sellers in Burpengary itself are offering an average vendor discount of -5.63% to real estate investors.
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Situated within the Moreton Bay region, the suburb of Burpengary is regarded as one of the area’s fastest-growing residential suburbs, with many amenities popping up in recent years including major supermarkets like ALDI.
There are also three primary schools and two high schools in town. For recreation, the Caboolture Regional Aquatic Centre is the place to be, with its many sports and picnic facilities. Burpengary is just 10km from the new satellite city of North Lakes, and it is served by a local railway station, making commutes easy.
Thus, it is no surprise that the housing market has consistently grown, with the average rental return coming in at nearly 5%. While the unit market has stumbled slightly over the past 12 months, returns are very strong at 7%.