Zillmere

POSTAL CODE: QLD, 4034
HOUSE
UNIT

A steady increase in median property prices over a five-year period in the suburb translates to a 36.3% capital gain.

It 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 $942,500

The augmented property values in the suburb are trailing behind the territorial average of 12.36% in 2016.

On the other hand, based on current median home prices for the suburb, Real estate investors could earn a rental income of $620.

Home owners selling their properties and realtors in ZILLMERE usually have to wait an average of 20.7 days days before their assets are lifted off the market.

The QLD suburb ranks 509th on the list of best yielding suburbs for rental properties in QLD, posting a 3.42% return.

It also places places 363rd in Australia based on median property value growth during the quarter.

Surburb overview

Zillmere is a northern suburb of Brisbane, approximately 14 kilometres from the CBD. The suburb has a diverse and multicultural community, with a population of around 9,323. The predominant age group is 20-29, and most residents were born in Australia.

The housing market in Zillmere has seen steady growth. The median house price is around $824,000, while units average approximately $532,500. The rental market remains strong, with median weekly rents at $575 for houses and $525 for units. This yields rental returns of 4.09% for houses and 5.51% for units, making it an attractive option for property investors.

Zillmere offers a variety of amenities and recreational options, including parks, schools, and easy access to public transportation. The suburb is served by Zillmere train station and multiple bus routes, providing convenient connections to Brisbane and surrounding suburbs. Educational facilities in the area include Zillmere State School and St Flannan’s School, catering to families with young children.

The area is a mix of older post-war homes and modern residences, with many properties being renovated or redeveloped. This trend has contributed to Zillmere's growing appeal as a residential suburb for families and young professionals.

Loading form...