Property investors who have had real estate in Graceville, 4075 should be relatively pleased with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 11.43%
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Graceville has increased when compared to the 5 year average annual rate.
Property buyers and investors in Graceville 4075 should be seeing an average reduction in asking price of around -4.99% . This means that Graceville is holding prices well when compared to other suburbs in QLD.
Situated 7.56km from the CBD, Graceville is one of Brisbane localities in the postcode 4075.
At number 1003th in the list of Australian suburbs ordered by increase in median house value over the last year, Graceville, 4075 is in the BOTTOM 50% with a property value increase of 1.20% recorded in median house prices.
Across a shorter period, Graceville, 4075 has seen a median price increase of -1.18% over the last quarter.
Property investors looking for a bargain in Graceville should be aiming for at least -3.00% off the asking price, which is the average vendor discount being achieved at the moment.
Situated 7.40km from the CBD, Graceville is one of Brisbane localities in the postcode 4075.