Reduction in building construction to fuel Brisbane’s recovery, says expert
Buyer’s agent Melinda Jennison is optimistic about the future of the Brisbane property market, provided that certain growth drivers serve ...
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 $379,500
The augmented property values in the suburb are trailing behind the territorial average of 1.36% in 2016.
Home owners selling their properties and realtors in BIRDWOOD usually have to wait an average of 91.9 days days before their assets are lifted off the market.
The SA suburb ranks 474th on the list of best yielding suburbs for rental properties in SA, posting a 0% return.
It also places places 406th in Australia based on median property value growth during the quarter.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $379,500 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | -15.67% | N/A |
| Median 12 month | -20.11% | N/A |
| Median 3 years | -6.87% | N/A |
| Median 5 years | -1.3% | N/A |
| 10 years average annual | 2.03% | N/A |
| Weekly media advert. rent | N/A | N/A |
| Time on Market | 91.9 days | N/A |
| Gross Rental Yield Percent | N/A | N/A |
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