According to a report from PRD Nationwide, there are three property hotspots for houses that will lead to high price growth next year: Zillmere, Upper Mount Gravatt, and Carina. Each suburb provides a good rental yield. Upper Mount Gravatt will offer more options for tenants, as $ 179 million of developments are started next year as the local population grows rapidly. Carina offers tenants easy access to the CBD and the Gold Coast, and it, too, will benefit from huge development projects totalling more than $ 140 million.
These demographics and property fundamentals offer tenants excellent lifestyle options, whether young professionals wanting to be near the city or families with children needing good schools and recreation facilities. The rental market is strong in each suburb, offering investors good opportunities and excellent living for tenants.
Zillmere (4034)
Tenants of houses in Zillmere pay an average weekly rent of $ 380, with the owner yielding 4.68% on the median price of $ 422,000 (up 4.71% on a year ago).
At $ 355,000, the median unit price has fallen by 3.40%. Tenants pay a weekly average rental of $ 355, yielding the property owner 5.20%.
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Upper Mount Gravatt (4122)
Houses can be rented for an average of $ 410 per week. For investors this represents a yield of 3.88% on the median price of $ 550,000 which is 4.76% up from this time last year.
Weekly rents on units average $ 440. With the median price now $ 407,000 (up by 1.75% over the last year), gross rental yield is 5.62%.
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Carina (4152)
House rental averages $ 450 per week. The median house price has increased by 7.32% over the last 52 weeks, producing a gross rental yield of 4.00%.
Unit tenants will pay the same weekly rental as house tenants. Owners reap a yield of 5.26% on the current median price of $ 445,000, which has increased by just 1.14% over the last year.
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Phone: 07 3452 9654
Phone: 07 3452 9626
Phone: 07 3452 9621
Phone: 07 3452 9623
Phone: 07 3452 9691
Phone: 07 3452 9640 
