Looking to buy in glorious Fig Tree Pocket? Here’s what you need to know!
If living in one of Brisbane’s loveliest, leafiest, and arguably most affluent suburbs is right up your alley, Fig Tree Pocket is the next place you and your family should call home.
But, before you get too excited, make sure you book a pre-purchase property inspection with Action Property Inspections. Yes, Fig Tree Pocket has stunning multimillion-dollar riverside mansions, but with riverside living comes the threat of flooding – and all the damage that comes with it. Future Fig Tree Pocket residents can count on Action Property Inspections to make sure their dream home comes with no hidden surprises.
Why choose Fig Tree Pocket?
Fig Tree Pocket is a beautiful, affluent riverside suburb in the west of Brisbane, just 13 kilometres from the city centre. Named for the famous Moreton Bay Figs, the suburb itself is located on a river pocket along the northern bank of the Brisbane River, meaning it is bounded on three sides by the median of the river. It’s also zoned as low density, so the suburb has retained its quiet, peaceful charm and its beautiful open green parklands. Fig Tree Pocket is also famously home to Brisbane’s Lone Pine Koala Sanctuary, the world’s oldest and largest koala sanctuary. It’s a wildlife lover’s paradise, and it’s within 20 minutes of the CBD!
One of the main reasons Fig Tree Pocket has remained so popular with affluent families is the lack of shopping centres or restaurants in the area. Residents only need to make a short drive to neighbouring Kenmore and Indooroopilly for supermarkets and large shopping centres, and it means Fig Tree Pocket retains its almost country lifestyle.
The median house prices in Fig Tree Pocket are quite high at $1.75 million. Given that you find some of Brisbane’s most expensive riverfront mansions here, this is understandable. If you are looking for an investment property, median rent price per week is $715, with an annual rental yield of 3.2%. Based on five years of house sales, Fig Tree Pocket has seen a compound growth rate of 33.6%.
If you’re looking at moving to riverside suburb, Fig Tree Pocket, book your pre-purchase property inspection!
As we all know, Brisbane’s river does flood – and knowing everything you need to know will help you determine if Fig Tree Pocket is the right place to call home. There’s no better way to ensure your decision is the right one than by booking a pre-purchase property inspection. Flood damage can be insidious and not as obvious on first glance – which is why it pays to book an inspector with local knowledge you can trust.
To book your Action Property Inspections building inspector,
contact us today on 07 3201 2666