Property investors who have had real estate in Barlows Hill, 4703 should be ok with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -2.34%
Property buyers and investors in Barlows Hill 4703 should be seeing an average reduction in asking price of around -4.30% . This means that Barlows Hill is holding prices well when compared to other suburbs in QLD.
Using the current median advertised rental of $450 and the average annual increase in value of a median property of -0.06%, investors should hope to achieve an overall return of 6.40%
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Coastal suburb profits by providing a peaceful lifestyle
Median house price: $481,000
Three-year growth: 33.98%
Rental yield: 3.89%
Situated next to the water in the Central Queensland region, Barlows Hill is a fairly new suburb, but it looks to have much potential.
The suburb reported 33.61% growth over the previous year following a similar rate three years ago. Its average annual growth rate is coming in strong at nearly 7%, with 2017 looking to sustain this trend by starting off with a 5.19% increase in house prices in January. Returns are a bit low for investors at just 3.89%, but demand appears to be reasonable since the average vendor discount rate is quite low at 4.91%.
Barlows Hill serves as a lovely retreat from city life, with its focus on a coastal lifestyle and nature. Residents have access to beaches and forests, which offer views of the sea. Fishing, swimming and surfing are popular pastimes in this area. For those who prefer to stay on land, Bradford Park is the recreational spot of choice. Moreover, neighbouring Yeppoon, reachable by bus, is home to restaurants, cafes and pubs.