How to maximise the value of your property this spring selling season
With spring selling season right around the corner and some slow months in property, housing prices and stock levels are on the rise. To mak...
BARDON, 4065 ranks 733rd on the best performing suburbs in Australia in terms of capital gains, returning capital gains of 10.65% 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 $1,005,000.
The upward trend in home prices in BARDON, 4065 averaged 6.55% per annum over a 3-year period.
Average weekly rents on listings have reached the $602.5 mark, reflecting a 3.12% increase in returns based on the current median price in BARDON.
An average of 13.75 real estate transactions take place per month in BARDON which translates to 165 per annum.
165 properties were sold in BARDON in 2016, making it the 638th most active market in QLD based on total real estate transactions.
BARDON, 4065 places th in Australia based on median property value growth during the quarter.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $1,005,000 | $677,000 |
| GROWTH REPORT | ||
| Median Quarterly | 0% | 0% |
| Median 12 month | 10.65% | 12.55% |
| Median 3 years | 19.64% | 17.94% |
| Median 5 years | 37.3% | 27.74% |
| 10 years average annual | 3.36% | 3.43% |
| Weekly media advert. rent | $602.5 | $345 |
| Time on Market | 50.8 days | 0.0 days |
| Gross Rental Yield Percent | 3.12% | 2.65% |
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