Over the last year, property investments in Brinsmead, 4870 have given investors a capital gain of 6.73%. This compares badly with the 12.16% for QLD as a whole.
Across a shorter period, Brinsmead, 4870 has seen a median price increase of 0.67% over the last quarter.
Property investors looking for a bargain in Brinsmead should be aiming for at least -4.27% off the asking price, which is the average vendor discount being achieved at the moment.
In the last year 114 properties changed hands in Brinsmead, which puts it as the 289th most active market in QLD when comparing the number of sales per suburb.
With the median price for a house in Brinsmead being $523500 and the advertised rent reaching $480 the gross rental yield for property investors calculates out to be 4.77%