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Suburb Snapshot – 4101 Rental Market
- 830 properties leased in the last six months.
- Houses
• Median rent - $550 per week
• Gross rental yield – 3.4%
- Units
• Median rent - $440 per week
• Gross rental yield – 5.1%
- Properties Recently Leased by Belle Property
in Area
• 609/2-4 Edmondstone Street, South Brisbane
– $450 (1,1,1)
• 1/30 Ganges Street, West End - $750 (3,2,1)
• 6 Gray Road, West End - $750 (3,2,2)
• 2/85 Dornoch Terrace, Highgate Hill - $585
(2,2,1)
• 9/35 Buchanan Street, West End - $950 (3,3,2)
• 5/180 Vulture Street, South Brisbane - $750
(4,3,2)
• 25/15a Tribune Street, South Brisbane - $410
(1,1,1)
with
Scott Thomas
& the
Property Management Team
The rental market in 4101 is quickly approaching that busy time of year and our property managers
have already listed our January stock on the market so we can take full advantage of the rental
demand. Currently the gross rental yield for houses in 4101 sits at 3.4%, this is in line with many reports
which show that Brisbane yields have only slightly increased over the past 12 months.
The Brisbane yields have a 0.1% increase for the year so far and the rents have fallen 0.3% over the
year to date. Although the rents have remained steady over the past 12 months, due to the suburbs’
proximity to the city we can see that the capital growth of the suburb is performing superbly. This will
follow the trends evident in the Sydney and Melbourne marketplace with inner city capital growth
being the major beneficiary to investments in times when the rental prices steady out.
This can be seen already in 4101 as there is still a large pipeline of residential construction in this area
however high levels of demand to purchase investment properties remain. If we can help you obtain
the best possible investment for your situation do not hesitate to call me on 0401 535 109.
Scott Thomas
Contact
07 3333 1000
Web
belleproperty.com/southbrisbanewinner 2013, 2014 and 2015