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Based on its average 5-year and quarterly capital gains STRETTON, 4116 saw average growth in the long term.
A survey of average capital gains or median home price increase in suburbs across the country shows that STRETTON, 4116 obtained a 8.72% growth over a ten-year period. It ranks 708th on our list of suburbs that property investors should look into.
STRETTON, 4116 in QLD belongs to the local government area of Brisbane.
STRETTON, 4116 has a capital gain of 16.75% for the past year, which is lower than average compared to its 105.27% growth within a five-year period.
With the median home price in STRETTON sitting at $1,867,944, and the average rent at $950, property owners could potentially earn a 2.64% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in STRETTON are low, as opposed to average gains per annum over the past five years.
Stretton is a suburb of Brisbane, Queensland, Australia, located approximately 17 kilometres south of the city's central business district (CBD).
The suburbs of Calamvale, Sunnybank Hills, Karawatha, Kuraby, and Drewvale border Stretton. The northern includes several hills, while the southern features more vegetation. It adjoins the Karawatha Forest to the southeast and the Calamvale Creek wetlands to the southwest.
The suburb was named after George Stretton, a settler and hotelier at Browns Plains in the 1870s. Stretton was officially gazetted as a suburb in 1972.
According to the 2021 census, Stretton had a population of 4,686 people. The suburb is known for its cultural diversity, with a significant proportion of residents born overseas, particularly from China, Taiwan, and India.
Stretton State College is a government primary and secondary (Prep-12) school at 226 Illaweena Street. In 2018, it had 2,590 students and included a special education program.
Stretton offers a suburban lifestyle with access to natural reserves such as the Karawatha Forest, which provides residents with recreational opportunities. The suburb is characterised by large homes and green spaces, contributing to its appeal among families.
Stretton is considered one of Brisbane's more affluent suburbs, and its real estate market reflects its desirability. The area is known for its large homes and higher median household incomes than the national average.
Stretton's combination of residential tranquillity, educational facilities, and proximity to natural reserves makes it a sought-after suburb for those seeking a balanced lifestyle within reach of Brisbane's CBD.