Returning expats may increase property prices
Demographic experts forecast we are due for a “migration tsunami”, which will lead to extremely high housing demand. ...
It also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $146,000
On the other hand, based on current median home prices for the suburb, Real estate investors could earn a rental income of $260.
Home owners selling their properties and realtors in BRANDON usually have to wait an average of 0.0 days days before their assets are lifted off the market.
The QLD suburb ranks 20th on the list of best yielding suburbs for rental properties in QLD, posting a 9.26% return.
It also places places 5th in Australia based on median property value growth during the quarter.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $146,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 20.66% | N/A |
| Median 12 month | N/A | N/A |
| Median 3 years | 32.13% | N/A |
| Median 5 years | -10.02% | N/A |
| 10 years average annual | -13.77% | N/A |
| Weekly media advert. rent | $260 | N/A |
| Time on Market | 0.0 days | N/A |
| Gross Rental Yield Percent | 9.26% | N/A |
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