QLD has seen average median house prices change by 2.44% which means that Mount Gravatt, 4122 has done well for property investors by showing a capital gain of -0.79% over the last year
Over the longer term, Mount Gravatt has seen property prices show investors a 14.13% return over the last 3 years. This is worse than over the last 12 months
Sellers are offering property buyers an average discount of -6.89% to buyers in Mount Gravatt at the moment, which is less than average for the rest of QLD.
Using the current median advertised rental of $417.5 and the average annual increase in value of a median property of 5.26%, investors should hope to achieve an overall return of 3.45%
Mount Gravatt is in the TOP 10% in QLD when comparing median price capital growth over the last year. Mount Gravatt gave property investors a very good capital gain figure when compared to the rest of the state, with 14.39%.
Comparing Mount Gravatt,4122 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
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 Mount Gravatt, 4122. Typically our figures indicate that -7.27% is being offered, which puts this QLD suburb at 248th most discounted overall in Australia.
On average over the past year, suburb has had 3.92 sales per month, which equates to 47 per year.