Greenslopes is in the TOP 30% in QLD when comparing median price capital growth over the last year. Greenslopes gave property investors a good capital gain figure when compared to the rest of the state, with 7.14%.
Across a shorter period, Greenslopes, 4120 has seen a median price increase of 0.54% over the last quarter.
At number 452th of QLD’s most discounted properties, Greenslopes is in the middle of the state/territory when listing in order of most discounted to least.
On average over the past year, suburb has had 8.17 sales per month, which equates to 98 per year.
Situated 4.82km from the CBD, Greenslopes is one of Brisbane localities in the postcode 4120.
Property value increases in Greenslopes have tracked just higher than the QLD average of 0.77% over the last 12 months.
Greenslopes,4120 has offered an average of 3.80% return per annum in house price rises to property investors over the last three years.
State is the 4th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.98% offered to property buyers. Sellers in Greenslopes itself are offering an average vendor discount of -5.34% to real estate investors.
On average over the past year, suburb has had 11.33 sales per month, which equates to 136 per year.
Greenslopes lies around 5km south of the Brisbane CBD and encompasses the Greenslopes Mall and Greenslopes Private Hospital. Road access to the city is good, via the Pacific Motorway, but the nearest train station is a couple of kilometres away at Fairfield.Full summary
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Greenslopes lies around 5km south of the Brisbane CBD and encompasses the Greenslopes Mall and Greenslopes Private Hospital. Road access to the city is good, via the Pacific Motorway, but the nearest train station is a couple of kilometres away at Fairfield.
Hot Property Specialists’ Liz Wilcox adds however that the bus options here are just as good, if not better, than nearby Holland Park’s thanks to Logan Road and the express busway.
Units here have an affordable median price tag and decent yields that are expected to rise in line with Brisbane’s tightening rental market.
Wilcox suggests that the area’s unit market will attract young professionals and healthcare workers, and with this in mind she recommends targeting the streets close to the hospital (just to the west of Logan Road) and the shopping centre (just to the east of Logan Road).
When it comes to what to buy, she suggests going for a modern or revamped unit to cater for tenant expectations and receive the best yields, as the old six-packs have “had their day.”