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AREA REPORTS

Bracken Ridge

Bracken Ridge - SUBURB PROFILE REPORT
POSTAL CODE: QLD, 4017

house
unit

Property investors have seen a 1.18% gain in BRACKEN RIDGE based on an increase in median home prices for the past three months.

Based on its average 5-year and quarterly capital gains BRACKEN RIDGE, 4017 saw average growth in the long term.

The QLD suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $516,000

Profits averaged 1.31% per annum over a 3-year period, due to an upward trend in home prices in BRACKEN RIDGE, 4017.

This means, real estate investors could earn a rental income of $450 based on current median home prices for the suburb.

The gross rental yield in BRACKEN RIDGE, 4017 is 4.53%.

An average of 20.75 real estate transactions take place per month in BRACKEN RIDGE which translates to 249 per annum.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $516,000 $315,000
GROWTH REPORT
Median Quarterly 1.18% 1.61%
Median 12 month 4.24% 0%
Median 3 years 3.93% -1.56%
Median 5 years 14.67% -3.96%
10 years average annual 2.15% -1.12%
Weekly media advert. rent $450 $380
Time on Market 44.9 days 81.1 days
Gross Rental Yield Percent 4.53% 6.27%
demographics (median values)
Total Population
15358
Weekly Household Income
1226
Household Size
2.90
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