Property investors who have had real estate in Mount Gravatt, 4122 should be relatively unhappy with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 0.16%
When looking at the potential capital gains offered to property investors over the last 3 years, Mount Gravatt comes in at number 144th in QLD.
State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.23% offered to property buyers. Sellers in Mount Gravatt itself are offering an average vendor discount of -7.05% to real estate investors.
Mount Gravatt, 4122’s gross rental yield is 3.49%
Mount Gravatt is in the bottom 10% in QLD when comparing median price capital growth over the last year. Mount Gravatt gave property investors a dismal capital gain figure when compared to the rest of the state, with -15.74%.
Mount Gravatt,4122 has offered an average of -15.74% return per annum in house price rises to property investors over the last three years.
Mount Gravatt, 4122 is offering QLD ‘s 250th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 30% of discounts offered by this QLD.
Often selling an investment property can take time, and in Mount Gravatt the average time real estate has been on the market is 64.6 days.
A $410 per week rent on the median house gives suburb investors a gross yield of circa 5.65%, without taking into account capital value appreciation, which has been averaging out at -2.26%.