Doolandella Rental Market
Higher than average rental yields (5.1 - 5.7%), make Doolandella a very attractive, which in turn drives purchase prices higher.
Doolandella is clearly in high demand by tenants ideal for folk working in and around Brisbane. With 30% of all Doolandella occupiers being renters this is unlikely to change soon.
Rental market conditions
Rental market conditions within the suburb are favourable. Doolandella’s residential vacancy rate currently sits at a low 1.5%. To put this in perspective, a vacancy rate of 3% is indicative of a balanced rental market. These two statistics combined point to a rental market that is potentially in a state of undersupply.