If you compare the increase in value of investment property in Grange, 4051 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this QLD suburb was 13.13%.
If we look at median property appreciation over just the last three months, Grange has given property investors a paper return of 2.03%. This puts Suburb as 245 on a list of fastest fasting appreciating suburbs in QLD
Property investors looking for a bargain in Grange should be aiming for at least -5.10% off the asking price, which is the average vendor discount being achieved at the moment.
Residents and property investors in Grange have been waiting around 46.36 days to sell a property.
Using the current median advertised rental of $500 and the average annual increase in value of a median property of 7.40%, investors should hope to achieve an overall return of 2.87%
QLD has seen average median house prices change by 1.47% which means that Grange, 4051 has done well for property investors by showing a capital gain of 2.44% over the last year
A $360 per week rent on the median house gives suburb investors a gross yield of circa 4.46%, without taking into account capital value appreciation, which has been averaging out at 6.03%.