Over the last year, property investments in Ellen Grove, 4078 have given investors a capital gain of 4.77%. This compares favourably with the 1.88% for QLD as a whole.
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 Ellen Grove, 4078. Typically our figures indicate that -9.61% is being offered, which puts this QLD suburb at 416th most discounted overall in Australia.
In the last year 29 properties changed hands in Ellen Grove, which puts it as the 594th most active market in QLD when comparing the number of sales per suburb.
Situated 18.41km from the CBD, Ellen Grove is one of Brisbane localities in the postcode 4078.
With a capital gain of -1.70% for the last 12 months, Ellen Grove, 4078 has performed for property investments than its average annual 0.16% property growth over the last 5 years.
When looking at the potential capital gains offered to property investors over the last 3 years, Ellen Grove comes in at number 258th in QLD.
In the last year 99 properties changed hands in Ellen Grove, which puts it as the 93th most active market in QLD when comparing the number of sales per suburb.
Using the current median advertised rental of $365 and the average annual increase in value of a median property of 0.16%, investors should hope to achieve an overall return of 5.46%