Property investors who have had real estate in Greenslopes, 4120 should be unhappy with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -3.29%
The five-year average increase in median property values for Greenslopes,4120 has given property investors a potential capital gain of 30.09% across each of those five years.
Our latest figures would indicate that property sellers in Greenslopes are currently offering property investors an average price cut of -4.69% below the asking price at the moment.
Greenslopes is in the bottom 30% in QLD when comparing median price capital growth over the last year. Greenslopes gave property investors a disappointing capital gain figure when compared to the rest of the state, with -6.10%.
When looking at the potential capital gains offered to property investors over the last 3 years, Greenslopes comes in at number 159th in QLD.
Vendor discounting in Greenslopes is giving property investors an average Vendor Discount of around -6.10%. This puts suburb at number 129th in QLD when ranking the most discounted suburbs.
Property investors should expect to get $370 weekly from the median priced house in this suburb.
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.”