Over the last year, property investments in Grange, 4051 have given investors a capital gain of 0.58%. This compares badly with the 2.11% for QLD as a whole.
Grange,4051 has offered an average of 0.58% return per annum in house price rises to property investors over the last three years.
LACK OF BUYER INTEREST may well be the reason that Grange is offering property investors an average of -7.29. This rate of discount on properties puts Suburb at number 486th in terms of most discounted suburbs in QLD
Often selling an investment property can take time, and in Grange the average time real estate has been on the market is 66.46 days.
Grange, 4051’s gross rental yield is 3.06%
Grange, 4051 ranked 224th in QLD when comparing growth in median property values or capital gain over the last 12 months. Grange is one of 2415 in our list for QLD
Over the longer term, Grange has seen property prices show investors a 5.74% return over the last 3 years. This is worse than over the last 12 months
Using the current median advertised rental of $370 and the average annual increase in value of a median property of 1.42%, investors should hope to achieve an overall return of 4.75%