Property value increases in Greenslopes have tracked just higher than the QLD average of 2.06% over the last 12 months.
Across a shorter period, Greenslopes, 4120 has seen a median price increase of 0.00% over the last quarter.
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 Greenslopes, 4120. Typically our figures indicate that -4.69% is being offered, which puts this QLD suburb at 2797th most discounted overall in Australia.
Residents and property investors in Greenslopes have been waiting around 55.77 days to sell a property.
Advertised rents are around the $450 mark per week – giving a return of 3.12% based on the median price in Suburb
Giving property investors a a solid capital gain of 15.24% for the last year, Greenslopes, 4120 is the 210th highest performer in Australia in this respect.
A 31.25% growth in median value for property investors in Greenslopes,4120 puts this suburb at number 87th in terms of best performing suburbs in QLD
At number 179th of QLD’s most discounted properties, Greenslopes is in the middle of the state/territory when listing in order of most discounted to least.
At number 484 in a list of fastest selling suburbs, Greenslopes is in the TOP 40% of suburbs in Australia with an average of days on market 64.86 for properties listed there.
Advertised rents are around the $370 mark per week – giving a return of 4.07% based on the median price in 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.”