Brighter Buying

#5 Suburbs where capital growth is tipped to follow rising rents

by Kate Watt, Marketing Manager 18 April 2019

A small but solid rise in rents in the March quarter has reversed Brisbane’s rental market performance after several years of decline.

Rents jumped 0.8 per cent in the March quarter to reach a median $436 per week, matching the national average. Rents are up 1.4 per cent over the past 12 months, reports
Taking a closer look, the median rent for Brisbane houses is $453 and the median rent for units is $399.
The most expensive city for Australian renters is – not surprisingly – Sydney, where the median rent is now $582 per week.
Brisbane’s rental yields have also notched up a solid performance, sitting at 4.55 per cent, which is higher than the national average of 4.1 per cent.
Some are tipping a continued improvement to rental yields as interstate migration remains strong, and investors look for good value, reports
The middle ring suburbs are still where it’s at. Buyers can still find entry level prices with prospects for long term growth.
Check out the #5 suburbs tipped for solid growth in values and rental yields:

  • Keperra
  • Chermside West
  • Kedron
  • Cannon Hill
  • Holland Park

Looking for a good value home to rent or buy? View our current listings for sale or check our listings for rent.