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DAKABIN, 4503 delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.

Average median house prices in QLD have risen as a whole, pulling DAKABIN, 4503 values up and netting property investors a capital gain of 20.33% for the past year.

Investors saw the median home price rise to $547,500.

Profits due to an upward trend in home prices in the suburb averaged 6.21% per annum over a 3-year period.

DAKABIN now ranks at the 335th place on a list of fastest growing suburbs in the territory.

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

Because of this real estate investors could earn a rental income of $410 based on current median home prices.

Regardless, it is expected for properties to spend some time on the market prior to a successful sale. In DAKABIN, homes and units usually stay on listing for an average of 22.1 days.

In 2016, 84 properties were sold in DAKABIN during the past year, making it the 64th most active market in QLD based on total real estate transactions.

DAKABIN ranks 142nd in QLD when it comes to estimated capital gains experienced by property investors over the past three years.

DAKABIN, 4503 has a capital gain of 31.25% for the past year, which is higher than average compared to its 29.13% growth within a five-year period.

DAKABIN, 4503 ranks 188th on the best performing suburbs in Australia in terms of capital gains, returning capital gains of 31.25% for property investors last year.

With the median home price in DAKABIN sitting at $472,500, and the average rent at $345, property owners could potentially earn a 3.8% increase in gross rental yield.

Property investors have seen a -10% drop in DAKABIN based on a decrease in median home prices for the past three months.

Homeowners and real estate investors betting on DAKABIN, 4503 can rest assured about this QLD suburb's performance. The suburb saw median home prices rise by 31.25%.

A survey of average capital gains or median home price increase in suburbs across the country shows that DAKABIN, 4503 obtained a 4.98% growth over a ten-year period. It ranks 785th on our list of suburbs that property investors should look into.

Surburb overview

Dakabin is a rapidly developing residential and industrial area in the Moreton Bay Region of Australia, known for its tight-knit community, lovely parks and sprawling meadows. Dakabin borrows its name from the Aboriginal word for a species of grass tree endemic to the area and is situated 26 kilometres away from the Brisbane Central Business District. 

Real estate overview

Dakabin previously consisted of vast acreage properties, but it is gradually shifting into an urban and residential hub. Satisfied residents cite its closeness to North Lakes as an advantage, which provides them instant access to lifestyle amenities. In addition, Dakabin is just a short drive away from popular tourist spots in neighbouring Queensland suburbs and large-scale shopping centres.

Dakabin, along with its surrounding suburbs, has posted record gains in terms of population growth and occupancy. The average rent for a property nowadays in Dakabin ranges between AU$270 and AU$440, based on the latest market listings. Meanwhile, the average lots and housing and land packages cost between AU$259,000 and AU$600,000.

Transportation

Dakabin has its own railway station, which links the suburb to Caboolture and the Sunshine Coast. It is also accessible through private car via Bruce Highway. Dakabin is also connected to the suburbs of Roma Street, Springfield Central, Ipswich and Rosewood through the railway line.