Property Market Update: Brisbane, August 2021
Brisbane property prices went against the grain in August, delivering steady gains as its bigger capital city peers face...
The suburb’s capital gain of -21.43% for the past year is lower than average compared to its 2.89% growth within a five-year period.
Also in DENMAN, the median home price is sitting at $302,500, and the average rent at $390, this suggests property owners could potentially earn a 6.7% increase in gross rental yield.
Property investors have seen a -19.87% drop in DENMAN based on a decrease in median home prices for the past three months.
A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 0.31% growth over a ten-year period. It ranks 4199th on our list of suburbs that property investors should look into.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||-21.43%||N/A|
|Median 3 years||-3.35%||N/A|
|Median 5 years||2.89%||N/A|
|10 years average annual||0.31%||N/A|
|Weekly media advert. rent||$390||N/A|
|Time on Market||95.6 days||N/A|
|Gross Rental Yield Percent||6.7%||N/A|