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Burpengary
AREA REPORTS

Burpengary

Burpengary - SUBURB PROFILE REPORT
POSTAL CODE: QLD, 4505

house
unit

Property investments in BURPENGARY fare well against the rest of the country last year, registering a median home price increase of 20.5%.

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

Based on its average 5-year and quarterly capital gains BURPENGARY, 4505 saw average growth in the long term.

Real estate investors could earn a rental income of $425 based on current median home prices for the suburb.

It is expected, nonetheless, for properties to spend some time on the market prior to a successful sale. homes and units usually stay on listing for an average of 28.4 days.

Besides that, the Australian suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.

Property investors perceived the median home price rise to $552,500.

BURPENGARY ranks 440th on the list of best yielding suburbs for rental properties in QLD, posting a 4% return.

Data report can be found below

Burpengary
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $552,500 $310,000
GROWTH REPORT
Median Quarterly 8.41% 4.73%
Median 12 month 20.5% 12.52%
Median 3 years 24.16% 24%
Median 5 years 38.13% 34.49%
10 years average annual 4.28% 2.05%
Weekly media advert. rent $425 $340
Time on Market 28.4 days 56.8 days
Gross Rental Yield Percent 4% 5.7%
demographics (median values)*
Total Population
12805
Weekly Household Income
1023
Household Size
2.80
Age
37
Monthly Loan Repayment
1213
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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