If you compare the increase in value of investment property in Mount Gravatt East, 4122 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this QLD suburb was 1.68%.
Over the longer term, Mount Gravatt East has seen property prices show investors a 19.19% return over the last 3 years. This is worse than over the last 12 months
Property buyers and investors in Mount Gravatt East 4122 should be seeing an average reduction in asking price of around -5.12% . This means that Mount Gravatt East is holding prices well when compared to other suburbs in QLD.
Mount Gravatt East is 628th on a list of best yielding suburbs for rents in QLD with a 3.79% return
Giving property investors a an unimpressive capital gain of 0.12% for the last year, Mount Gravatt East, 4122 is the 1068th highest performer in Australia in this respect.
Across a shorter period, Mount Gravatt East, 4122 has seen a median price increase of 0.56% over the last quarter.
LACK OF BUYER INTEREST may well be the reason that Mount Gravatt East is offering property investors an average of -6.14. This rate of discount on properties puts Suburb at number 107th in terms of most discounted suburbs in QLD
With the median price for a house in Mount Gravatt East being $455551 and the advertised rent reaching $405 the gross rental yield for property investors calculates out to be 4.62%