At number 1919th in the list of Australian suburbs ordered by increase in median house value over the last year, Upper Mount Gravatt, 4122 is in the top half with a property value increase of 6.79% recorded in median house prices.
Over the longer term, Upper Mount Gravatt has seen property prices show investors a 24.07% return over the last 3 years. This is worse than over the last 12 months
At number 248th of QLD’s most discounted properties, Upper Mount Gravatt is in the bottom 40% of the state/territory when listing in order of most discounted to least.
A $400 per week rent on the median house gives suburb investors a gross yield of circa 3.29%, without taking into account capital value appreciation, which has been averaging out at 6.74%.
Investment property in Upper Mount Gravatt has done pretty 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 0.81%
Over the longer term, Upper Mount Gravatt has seen property prices show investors a 10.48% return over the last 3 years. This is worse than over the last 12 months
The most recent median price for Upper Mount Gravatt is $464000, with sellers offering an average of -6.00% off the asking price.
In the last year 137 properties changed hands in Upper Mount Gravatt, which puts it as the 70th most active market in QLD when comparing the number of sales per suburb.