Bulimba unit stock rockets: Investar
Bulimba has the highest unit stock growth in Queensland, according to Investar’s latest June report.
The property investment firm says that Bulimba’s unit stock has grown by 162 percent.
This is followed by Yorkey’s Knob with 68 percent and Nelly Bay with 61 percent.
Suburb | Postcode | Current median price | Current sales stock | Sales stock 1 year ago | Sales stock growth |
4171 | $600,000 | 105 | 40 | 162% | |
Yorkey’s Knob | 4878 | $227,000 | 59 | 35 | 68% |
Nelly Bay | 4819 | $298,000 | 50 | 31 | 61% |
4170 | $449,000 | 71 | 47 | 51% | |
4104 | $399,000 | 42 | 28 | 50% |
A two bedroom unit at 32/1 Oxford Street, Bulimba (above) has been listed with a price guide of between $550,000 to $600,000.
It last sold in 2010 for $536,000 and again in 2004 for $450,000.
Similarly a two bedroom unit at 17/12 Barrambul, Bulimba (below) has been listed for $579,000.
A two bedroom unit at 22/17 Ferry Lane, Bulimba (below) was sold in February for $589,000.
Similarly a two bedroom unit at 88/16 Hetherington Avenue, Bulimba (below) was sold in January for $570,000.
