Doolandella

POSTAL CODE: QLD, 4077
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Property investors enjoyed capital gains of 17.06% over the last 12 months in DOOLANDELLA, translating to lower returns compared with its peers in QLD.

Figures from the previous quarter show that capital gains for real estate buyers in DOOLANDELLA are low, as opposed to average gains per annum over the past five years.

The suburb posted a 45.26% growth in median prices over a three-year period. This is considerably lower than the gains it recorded over the past year.

This number can mean, real estate investors could earn a rental income of $700 based on current median home prices for the suburb.

On average, rents on listings have reached the $700 mark, reflecting a 3.66% increase in returns based on the current median price in DOOLANDELLA.

DOOLANDELLA, 4077 ranks 402nd in QLD in terms of median property value increase and capital gains, based on year-to-date figures.

While it ranks 408th on the list of best yielding suburbs for rental properties in QLD, posting a 3.66% return.

Surburb overview

Doolandella is a quiet suburb situated 17 kilometres of Brisbane. It was named after the Aboriginal name of the Geebung tree, which is common in the area.

Predominantly a rural district, it was only within the past two decades that Doolandella had begun its rapid development. This was due to the addition of residential properties in Forest Lake. Doolandella’s proximity to Brisbane's central business district is what primarily makes it attractive to buyers. Doolandella is accessible via major highways and one can easily reach the Gold Coast, the Sunshine Coast and Ipswich from there.

Doolandella is on realtors and developers’ radar as one suburb to watch in light of the suburb’s sustained residential growth. The average visits per property in Doolandella is 193 times, just 94 points shy of the average for entire Queensland.  

Amenity features

Home buyers report wanting to build in an estate with all the staples of a mature neighbourhood. Facilities, such as a daycare center, are constantly being added to the suburb. Big retail brands are also starting to take interest in Doolandella in hopes of capturing a new market from its burgeoning districts.

People who bought properties in Doolandella are already reaping profits from their investments, with increasing resale value and rental income. The median home price in Doolandella is up by over 20 per cent for the past five years. Several housing estates in the pipeline run a gamut of properties that suit every budget.

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