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Birnam (Scenic Rim - Qld) is a suburb in Scenic Rim Region, Australia with 106 residents. The median house price is $1.1M with a rental yield of 4.5%. Our analysis rates Birnam (Scenic Rim - Qld) with a suburb score of 48/100 for investment timing.
Property prices in this suburb may grow below average in the short term. Rental growth could also slow during this consolidation phase. Consider monitoring market indicators before investing.
48
Suburb Score
Thorough research about a suburb is crucial to grasp the 'why' behind an investment. However, no suburb stands alone—always assess it in relation to its surroundings. Tracking each data point over time is vital. But above all, it's crucial to comprehend why each data point matters and how it influences both short-term and long-term capital growth.
Current Sales Prices By Suburb - Median - Last 90 Days Rolling - Houses Only [AUD]
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What is this: The median sale price of properties sold in the suburb over a rolling 90-day period. This reflects the actual transacted value of properties rather than asking prices.
Investment tip: Understanding current sold prices helps identify undervalued suburbs compared to neighboring areas. Look for suburbs with lower median prices that share similar amenities with higher-priced neighbors - these often represent growth opportunities.
Sold Price
Asking Price
Picki displays every property available for sale in Australia, not just the highlighted ones advertisers pay for. We scan over 12,000 real estate agent websites daily across Australia, from the leading agencies to the smallest local ones. This effort means Picki reveals 30% more properties for sale compared to other sites. And since some homes show up on local agent sites days before they appear on the major advertising platforms, Picki provides you an early advantage.
View all propertiesSuburb | Sold Price | Recent Growth | Yield | Vacancy Rate | Days of Supply | Owner Occupier | Vendor Disc. |
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Birnam (Scenic Rim - Qld) has a suburb score of 48/100 for investment timing, placing it in the emerging investment category. While current market conditions in Birnam (Scenic Rim - Qld) suggest a cautious approach, there may be specific property types or price points that offer value. We recommend detailed due diligence on individual properties and monitoring Birnam (Scenic Rim - Qld)'s market trends.
Birnam (Scenic Rim - Qld)'s capital growth outlook is variable based on current market indicators. Capital growth in Birnam (Scenic Rim - Qld) may be uneven and dependent on broader market conditions. We recommend focusing on properties with strong individual characteristics such as location, land size, and development potential.
Birnam (Scenic Rim - Qld) is located within Scenic Rim Region Local Government Area in Australia. Scenic Rim Region encompasses multiple suburbs, each with their own property market characteristics. Understanding the broader LGA trends can help investors identify whether Birnam (Scenic Rim - Qld) is outperforming or underperforming relative to neighboring suburbs.
The current median house price in Birnam (Scenic Rim - Qld) is $1.1M based on recent sales data. As a premium suburb in Scenic Rim Region, Birnam (Scenic Rim - Qld) typically attracts investors focused on capital appreciation and wealth preservation through quality property assets.
Birnam (Scenic Rim - Qld) has an average rental yield of 4.5%, which is around the national average for Australian property. This balanced yield suggests Birnam (Scenic Rim - Qld) offers a reasonable income return while still providing capital growth potential typical of established suburbs in Australia.
Birnam (Scenic Rim - Qld) has a population of approximately 106 residents. Population size and growth are important factors for property investment as they influence housing demand, rental markets, and local amenity development. Birnam (Scenic Rim - Qld) is a smaller, more exclusive suburb which may offer unique lifestyle benefits and potential for price premiums on quality properties.
Birnam (Scenic Rim - Qld)'s suburb score of 48/100 can be compared against other suburbs in Scenic Rim Region to identify relative investment value. Birnam (Scenic Rim - Qld)'s current score suggests other suburbs in Scenic Rim Region may offer better investment timing at present. Use our suburb comparison tools to identify the highest-scoring alternatives in the area. Compare all suburbs in Scenic Rim Region using our platform to find the best investment opportunities.
