QLD has seen average median house prices change by 2.46% which means that Grange, 4051 has done well for property investors by showing a capital gain of -4.30% over the last year
Taking the average capital gain, or increase in median house value, Grange,4051 has racked up an average of -4.30% over the period. This ranks it number 1736th in the whole country for real estate investors looking at median house price increases.
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 -8.77% is being offered, which puts this QLD suburb at 510th most discounted overall in Australia.
The QLD suburb of Grange, 4051 is in the Brisbane local government area.
If you compare the increase in value of investment property in Grange, 4051 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this QLD suburb was -1.19%.
Across a shorter period, Grange, 4051 has seen a median price increase of -20.95% over the last quarter.
Using the current median advertised rental of $390 and the average annual increase in value of a median property of 3.76%, investors should hope to achieve an overall return of 4.89%