QLD has seen average median house prices change by 2.41% which means that Graceville, 4075 has done well for property investors by showing a capital gain of 8.46% over the last year
Graceville,4075 was ranked 2516 in Australia by increase in median property value over the quarter.
Our latest figures would indicate that property sellers in Graceville are currently offering property investors an average price cut of -5.08% below the asking price at the moment.
A $550 per week rent on the median house gives suburb investors a gross yield of circa 3.34%, without taking into account capital value appreciation, which has been averaging out at 5.43%.
At number 1435th in the list of Australian suburbs ordered by increase in median house value over the last year, Graceville, 4075 is in the BOTTOM 20% with a property value increase of -5.52% recorded in median house prices.
When looking at the potential capital gains offered to property investors over the last 3 years, Graceville comes in at number 176th in QLD.