A steady increase in median property prices over a five-year period in the suburb translates to a 33.48% capital gain.
It 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 $1,190,000
The augmented property values in the suburb are trailing behind the territorial average of 12.36% in 2016.
On the other hand, based on current median home prices for the suburb, Real estate investors could earn a rental income of $760.
Home owners selling their properties and realtors in BIRKDALE usually have to wait an average of 31.3 days days before their assets are lifted off the market.
The QLD suburb ranks 535th on the list of best yielding suburbs for rental properties in QLD, posting a 3.32% return.
It also places places 808th in Australia based on median property value growth during the quarter.
Property investors enjoyed capital gains of 25.83% over the last 12 months in BIRKDALE, translating to lower returns compared with its peers in QLD.
A survey of average capital gains or median home price increase in suburbs across the country shows that BIRKDALE, 4159 obtained a 7.39% growth over a ten-year period. It ranks 422nd on our list of suburbs that property investors should look into.
BIRKDALE, 4159 has a capital gain of 25.83% for the past year, which is higher than average compared to its 107.99% growth within a five-year period.
With the median home price in BIRKDALE sitting at $755,000, and the average rent at N/A, property owners could potentially earn a N/A increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in BIRKDALE are low, as opposed to average gains per annum over the past five years.
BIRKDALE, 4159 in QLD belongs to the local government area of Redland.