Investment property in Grange has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -1.98%
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Grange has increased when compared to the 5 year average annual rate.
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 -5.52% is being offered, which puts this QLD suburb at 2187th most discounted overall in Australia.
The QLD suburb of Grange, 4051 is in the Brisbane local government area.
Investment property in Grange has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 28.83%
If we look at median property appreciation over just the last three months, Grange has given property investors a paper return of 29.63%. This puts Suburb as 1 on a list of fastest fasting appreciating suburbs in QLD
A $360 per week rent on the median house gives suburb investors a gross yield of circa 3.57%, without taking into account capital value appreciation, which has been averaging out at 9.55%.