QLD/
Bracken ridge

Suburb Profile

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

house
unit

Property investors have seen a 1.03% 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 $492,000

Profits averaged 5.9% 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 $430 based on current median home prices for the suburb.

The gross rental yield in BRACKEN RIDGE, 4017 is 4.54%.

An average of 22.92 real estate transactions take place per month in BRACKEN RIDGE which translates to 275 per annum.

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $492,000 $337,500
GROWTH REPORT
Median Quarterly 1.03% 0.75%
Median 12 month 3.58% -10.3%
Median 3 years 17.7% 5.63%
Median 5 years 25.35% 5.47%
10 years average annual 3.72% 0.98%
Weekly media advert. rent $430 $365
Time on Market 45.9 days 82.9 days
Gross Rental Yield Percent 4.54% 5.62%
demographics (median values)
Total Population
15358
Weekly Household Income
1226
Household Size
2.90
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