Property value increases in Mount Gravatt have tracked just lower than the QLD average of 2.40% over the last 12 months.
Mount Gravatt,4122 was ranked 3084 in Australia by increase in median property value over the quarter.
Sellers are offering property buyers an average discount of -5.43% to buyers in Mount Gravatt at the moment, which is less than average for the rest of QLD.
Renters in Suburb are facing rents around $5040 per annum or $420 every week.
Investment property in Mount Gravatt has done poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -12.08%
Taking the average capital gain, or increase in median house value, Mount Gravatt,4122 has racked up an average of -12.08% over the period. This ranks it number 1553th in the whole country for real estate investors looking at median house price increases.
LACK OF BUYER INTEREST may well be the reason that Mount Gravatt is offering property investors an average of -5.70. This rate of discount on properties puts Suburb at number 275th in terms of most discounted suburbs in QLD
Situated 8.99km from the CBD, Mount Gravatt is one of Brisbane localities in the postcode 4122.