With a capital gain of 2.86% for the last 12 months, Burpengary, 4505 has performed for property investments than its average annual 2.58% property growth over the last 5 years.
When looking at the potential capital gains offered to property investors over the last 3 years, Burpengary comes in at number 440th in QLD.
Burpengary4505 is located in QLD which offers an average discount of -6.84% to property investors. Burpengary itself is showing figures that indicate -4.98% is the average achievable by property buyers investing in the suburb.
Burpengary is 371th on a list of best yielding suburbs for rents in QLD with a 4.69% return
Investment property in Burpengary has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 1.91%
When looking at the potential capital gains offered to property investors over the last 3 years, Burpengary comes in at number 311th in QLD.
State is the 4th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.93% offered to property buyers. Sellers in Burpengary itself are offering an average vendor discount of -5.34% to real estate investors.
Using the current median advertised rental of $300 and the average annual increase in value of a median property of 0.63%, investors should hope to achieve an overall return of 6.51%
June 2017
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The suburb of Burpengary is regarded as one of the area’s fastest-growing residential suburbs, with many amenities popping up in recent years including major supermarkets like ALDI.Full summary
Situated within the Moreton Bay region, the suburb of Burpengary is regarded as one of the area’s fastest-growing residential suburbs, with many amenities popping up in recent years including major supermarkets like ALDI.
There are also three primary schools and two high schools in town. For recreation, the Caboolture Regional Aquatic Centre is the place to be, with its many sports and picnic facilities. Burpengary is just 10km from the new satellite city of North Lakes, and it is served by a local railway station, making commutes easy.
Thus, it is no surprise that the housing market has consistently grown, with the average rental return coming in at nearly 5%. While the unit market has stumbled slightly over the past 12 months, returns are very strong at 7%.
Original post: http://www.yourinvestmentpropertymag.com.au/top-suburbs/QLD-4505-burpengary.aspx