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Darra

POSTAL CODE: QLD, 4076
HOUSE

Property investors have seen a 9.11% gain in DARRA based on an increase in median home prices for the past three months.

Homeowners and real estate investors betting on DARRA, 4076 can rest assured about this QLD suburb's performance. The suburb saw median home prices rise by 22.83%.

Based on its average 5-year and quarterly capital gains DARRA, 4076 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 $933,500

Profits averaged 13.33% per annum over a 3-year period, due to an upward trend in home prices in DARRA, 4076.

This means, real estate investors could earn a rental income of $570 based on current median home prices for the suburb.

The gross rental yield in DARRA, 4076 is 3.18%.

An average of 4.67 real estate transactions take place per month in DARRA which translates to 56 per annum.

Surburb overview

Darra, situated approximately 14 kilometres south-west of Brisbane's central business district, is a suburb that seamlessly blends industrial heritage with a thriving multicultural community. 

According to the 2021 census, Darra has 4,098 residents, with a median age of 33. A diverse demographic, including a significant Vietnamese community, characterises the suburb. Households in Darra are primarily couples with children, and the area experienced a population growth of 13.3% between 2011 and 2016. 

The Darra railway station also serves public transportation, providing regular Queensland Rail City network services to the Brisbane CBD, Ipswich, Rosewood, and Springfield. In 1979, the station was the terminus for the first of Brisbane's electric rail lines linked to Ferny Grove railway station. Additionally, bus routes travel to surrounding suburbs, enhancing local connectivity. 

Darra offers a range of essential establishments, including educational institutions such as Darra State School and Our Lady of the Sacred Heart Catholic Primary School, which cater to primary education needs. Residents can also access local shops, restaurants, and cafes for shopping and dining, particularly along Darra Station Road. The suburb is also known for its Vietnamese cuisine, reflecting its multicultural community. 

Several parks and green spaces in Darra support recreational activities. The suburb's proximity to the Centenary Freeway and the Ipswich Motorway provides residents easy access to various recreational facilities in the broader Brisbane area. Additionally, the Linh Son Temple, a Vietnamese Buddhist temple, is located in the suburb, contributing to its cultural landscape. 

Darra's combination of industrial heritage, cultural diversity, and convenient access to amenities contributes to its unique character within Brisbane. 

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