Mcdowall

POSTAL CODE: QLD, 4053
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MCDOWALL, 4053 ranks 1892nd on the best performing suburbs in Australia in terms of capital gains, returning capital gains of 12.5% for property investors.

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

The suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $1,350,000.

The upward trend in home prices in MCDOWALL, 4053 averaged 12.7% per annum over a 3-year period.

Average weekly rents on listings have reached the $850 mark, reflecting a 3.27% increase in returns based on the current median price in MCDOWALL.

An average of 6.58 real estate transactions take place per month in MCDOWALL which translates to 79 per annum.

79 properties were sold in MCDOWALL in 2016, making it the 83rd most active market in QLD based on total real estate transactions.

MCDOWALL, 4053 places 511th in Australia based on median property value growth during the quarter.

Surburb overview

McDowall, located 10 kilometres north of Brisbane's CBD, is a quiet and family-friendly suburb known for its abundant green spaces and high-quality lifestyle. The suburb has a population of approximately 7,228 people, with the predominant age group being 40-49. Most residents are families and professionals, and the area has a high rate of owner-occupied homes, reflecting its stable and well-established community.

The real estate market in McDowall has shown strong performance, with a median house price of around $1,158,500 and units at approximately $692,500. The median rent for houses is $750 per week, while units rent for about $675 per week, yielding rental returns of 3.67% for houses and 5.38% for units.

The suburb is primarily zoned as Low-Density Residential, with large areas designated for conservation and emerging communities, ensuring a balance between development and maintaining natural spaces. McDowall has several parks and bushland areas for outdoor activities and family recreation.

McDowall State School is a well-regarded local primary school, and the suburb falls within the catchment of reputable high schools, making it a popular choice for families with children. Local amenities include the McDowall Village Shopping Centre and access to more significant retail hubs like Westfield Chermside, which are just a short drive away.

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