QLD has seen average median house prices change by 0.78% which means that Burpengary, 4505 has done well for property investors by showing a capital gain of 1.12% over the last year
If we look at median property appreciation over just the last three months, Burpengary has given property investors a paper return of 0.00%. This puts Suburb as 345 on a list of fastest fasting appreciating suburbs in QLD
Vendor discounting in Burpengary is giving property investors an average Vendor Discount of around -4.78%. This puts suburb at number 631th in QLD when ranking the most discounted suburbs.
In the last year 198 properties changed hands in Burpengary, which puts it as the 42th most active market in QLD when comparing the number of sales per suburb.
Advertised rents are around the $405 mark per week – giving a return of 4.68% based on the median price in Suburb
Giving property investors a a stable capital gain of 3.91% for the last year, Burpengary, 4505 is the 389th highest performer in Australia in this respect.
The five-year average increase in median property values for Burpengary,4505 has given property investors a potential capital gain of 1.00% across each of those five years.
Vendor discounting in Burpengary is giving property investors an average Vendor Discount of around -5.54%. This puts suburb at number 149th in QLD when ranking the most discounted suburbs.
On average over the past year, suburb has had 3.08 sales per month, which equates to 37 per year.
Burpengary, 4505’s gross rental yield is 6.59%
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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%.