If you compare the increase in value of investment property in Mount Gravatt, 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 0.79%.
A 39.58% growth in median value for property investors in Mount Gravatt,4122 puts this suburb at number 372th in terms of best performing suburbs in QLD
Our latest figures would indicate that property sellers in Mount Gravatt are currently offering property investors an average price cut of -7.48% below the asking price at the moment.
In the last year 60 properties changed hands in Mount Gravatt, which puts it as the 381th most active market in QLD when comparing the number of sales per suburb.
Renters in Suburb are facing rents around $5160 per annum or $430 every week.
Property value increases in Mount Gravatt have tracked just lower than the QLD average of 1.70% over the last 12 months.
Property buyers and investors in Mount Gravatt 4122 should be seeing an average reduction in asking price of around -4.06% . This means that Mount Gravatt is holding prices well when compared to other suburbs in QLD.
Advertised rents are around the $400 mark per week – giving a return of 4.73% based on the median price in Suburb