Belgian Gardens

POSTAL CODE: QLD, 4810

HOUSE

UNIT

Property investors have seen a 3.45% gain in BELGIAN GARDENS based on an increase in median home prices for the past three months.

Based on its average 5-year and quarterly capital gains BELGIAN GARDENS, 4810 saw average growth in the long term.

The QLD suburb 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 $900,000

Profits averaged 17.67% per annum over a 3-year period, due to an upward trend in home prices in BELGIAN GARDENS, 4810.

This means, real estate investors could earn a rental income of $650 based on current median home prices for the suburb.

The gross rental yield in BELGIAN GARDENS, 4810 is 3.76%.

An average of 3.25 real estate transactions take place per month in BELGIAN GARDENS which translates to 39 per annum.

Property investments in BELGIAN GARDENS fare well against the rest of the country last year, registering a median home price increase of 15.11%.

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

Based on its average 5-year and quarterly capital gains BELGIAN GARDENS, 4810 saw average growth in the long term.

This means, real estate investors could earn a rental income of $450 based on current median home prices for the suburb.

It is expected for properties to spend some time on the market prior to a successful sale. In BELGIAN GARDENS, homes and units usually stay on listing for an average of 33.2 days.

the QLD suburb 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 $475,500

Investors saw the median home price rise to $475,500.

BELGIAN GARDENS ranks 86th on the list of best yielding suburbs for rental properties in QLD, posting a 4.92% return.

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Data report can be found below

Key Property Date Report	HOUSE	UNIT
Median Price	$900,000	$475,500
Growth Report
Median Quarterly	3.45%	1.06%
Median 12 month	5.82%	15.11%
Median 3 years	53.85%	79.43%
Median 5 years	69.81%	83.59%
10 years average annual	8.23%	8.87%
Weekly media advert. rent	$650	$450
Time on Market	53.8 days	33.2 days
Gross Rental Yield Percent	3.76%	4.92%

Demographics (Median Values)*

Total Population 2254

Weekly Household Income 1278

Household Size 2.30

Average Age 38

Monthly Loan Repayment 1300

* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.

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