Toowoomba City: Keep an Eye on This Investment Destination in Queensland
03.11.2023
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Nestled in the heart of Queensland, Beaudesert is emerging as an enticing destination for property investors and homebuyers. This charming suburb offers a blend of natural beauty, affordability, and potential for growth that makes it a standout choice. In this blog, we'll delve into the key statistics and highlights that make Beaudesert a noteworthy place to invest and call home.
Beaudesert boasts a substantial inventory of 185 houses available for sale, providing a wide range of options for prospective buyers. The median property price for a house in this suburb stands at a competitive $516,500, showcasing its affordability compared to other markets. With an annual capital growth rate of 16.07%, Beaudesert is proving to be a savvy choice for investors.
Over the past 12 months, Beaudesert has seen 171 house sales, indicating a robust level of market activity. On average, houses spend 27 days on the market, reflecting a healthy demand for properties in the area.
For those considering an investment property in Beaudesert, the rental market offers attractive opportunities. Rental yields for houses are currently at 4.88%, with an average median rent of $415 per week. While houses experienced a slight decline of -0.67% in the past quarter, they still posted remarkable growth of 16.07% in the past 12 months, making Beaudesert a compelling investment choice.
Beaudesert covers an area of approximately 43.6 square kilometers, characterized by its natural beauty and green spaces. The suburb boasts 24 parks, covering nearly 3.6% of the total area, providing residents with ample recreational opportunities.
In terms of demographics, Beaudesert has seen steady population growth, with numbers increasing by 6.8% between 2011 and 2016. The predominant age group in the suburb is 0-9 years, indicating a community that's young and growing.
The majority of households in Beaudesert consist of childless couples who are likely to be repaying mortgage amounts ranging from $1000 to $1399 per month. The local workforce is primarily engaged in laborer occupations, reflecting the suburb's diverse employment landscape.
Beaudesert is more than just a suburb; it's a thriving investment opportunity that continues to grow. With its competitive property prices, attractive rental yields, and impressive capital growth, Beaudesert presents a compelling case for both investors and homebuyers. Whether you're looking for your next home or a promising addition to your investment portfolio, Beaudesert offers the promise of growth and prosperity. Don't miss out on the potential that this Queensland gem has to offer – explore Beaudesert and discover the possibilities that await. #RealEstateInvesting #InvestmentLocation #PropertyMarket #BeachseaNewPropertySpecialist
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