QLD has seen average median house prices change by 2.63% which means that Burpengary, 4505 has done well for property investors by showing a capital gain of 9.76% over the last year
When looking at the potential capital gains offered to property investors over the last 3 years, Burpengary comes in at number 488th in QLD.
Burpengary, 4505 is offering QLD ‘s 570th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 40% of discounts offered by this QLD.
In the last year 210 properties changed hands in Burpengary, which puts it as the 41th most active market in QLD when comparing the number of sales per suburb.
Renters in Suburb are facing rents around $4800 per annum or $400 every week.
Investment property in Burpengary has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 7.66%
Taking the average capital gain, or increase in median house value, Burpengary,4505 has racked up an average of 7.66% over the period. This ranks it number 1605th in the whole country for real estate investors looking at median house price increases.
Burpengary, 4505 is offering QLD ‘s 134th most discounted properties when looking at the average discount being offered by vendors. This puts it in the middle of discounts offered by this QLD.
Advertised rents are around the $300 mark per week – giving a return of 6.17% based on the median price in Suburb
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.Full summary
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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%.