At number 2619th in the list of Australian suburbs ordered by increase in median house value over the last year, Grange, 4051 is in the BOTTOM 40% with a property value increase of 2.53% recorded in median house prices.
While Grange,4051 ranked number 113th in QLD for increase in median house value (annualised) increase, it is ranked 79th over the last 5 years.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Grange, 4051. Typically our figures indicate that -11.06% is being offered, which puts this QLD suburb at 232th most discounted overall in Australia.
Residents and property investors in Grange have been waiting around 67.24 days to sell a property.
A $520 per week rent on the median house gives suburb investors a gross yield of circa 2.96%, without taking into account capital value appreciation, which has been averaging out at 5.35%.
At number 82th in the list of Australian suburbs ordered by increase in median house value over the last year, Grange, 4051 is in the top 10% with a property value increase of 25.00% recorded in median house prices.
Grange, 4051’s gross rental yield is 3.81%