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Investment Property Eight Mile Plains, QLD, 4113

Suburb Snapshot

Eight Mile Plains is a suburb in the Brisbane Region of Queensland. Eight Mile Plains has a population of 15,321 people and 31.75% of its occupants live in rental accommodation. The median listing price for houses is $1,264,000 and this has changed 16.60% over the past year and changed 33.05% over 2 years.

The median rent in Eight Mile Plains for houses is $725 per week and the median rental yield is 2.98%. Stock on the market for houses/townhouses has changed 30.43% compared to last year and the average time to sell a house/townhouse is 114 days.The median listing price for units is $602,000 and this has changed 16.89% over the past year. The average unit takes 311 days to sell and the median rent for a unit in Eight Mile Plains is $560 per week, producing a rental yield of 4.83%.

Supply & Demand in Eight Mile Plains, Brisbane

1.20%

Current vacancy rate


76

Rental stock available


15,321

Population


31.75%

Rental population


1.44%

Current vacancy rate


7,872

Rental stock available


1,131,159

Population


32.91%

Rental population


1.02%

Current vacancy rate


24,088

Rental stock available


4,703,187

Population


29.39%

Rental population


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Statistical data for Eight Mile Plains, Brisbane

  House Townhouses Units
Median listing price $1,264,000 $670,000 $602,000
Median price change - last quarter 9.76% 4.16% 4.64%
Median price change - 1 year 16.60% 24.53% 16.89%
Median price change - 2 years 33.05% 41.05% 29.46%
  House Townhouses Units
Median weekly rent $725 $600 $560
Median yield % 2.98% 4.65% 4.83%
Median rent change - 1 year 11.53% 15.38% 7.69%
  House Units
Previous month sales 9 2
Stock on market previous month 60 17
Stock variance vs. last year 30.43% 6.25%
Average days on market 114 311

Eight Mile Plains investment property listings

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