At number 1143th in the list of Australian suburbs ordered by increase in median house value over the last year, Graceville, 4075 is in the top 30% with a property value increase of 9.39% recorded in median house prices.
Across a shorter period, Graceville, 4075 has seen a median price increase of 0.78% over the last quarter.
LACK OF BUYER INTEREST may well be the reason that Graceville is offering property investors an average of -7.32. This rate of discount on properties puts Suburb at number 499th in terms of most discounted suburbs in QLD
Often selling an investment property can take time, and in Graceville the average time real estate has been on the market is 41.36 days.
QLD has seen average median house prices change by 0.77% which means that Graceville, 4075 has done well for property investors by showing a capital gain of 5.26% over the last year
Graceville,4075 was ranked 1252 in Australia by increase in median property value over the quarter.
The most recent median price for Graceville is $430000, with sellers offering an average of -2.76% off the asking price.
Using the current median advertised rental of $470 and the average annual increase in value of a median property of 8.57%, investors should hope to achieve an overall return of 5.68%