Over the last year, property investments in Upper Mount Gravatt, 4122 have given investors a capital gain of 2.31%. This compares averagely with the 2.38% for QLD as a whole.
Taking the average capital gain, or increase in median house value, Upper Mount Gravatt,4122 has racked up an average of 2.31% over the period. This ranks it number 1539th in the whole country for real estate investors looking at median house price increases.
LACK OF BUYER INTEREST may well be the reason that Upper Mount Gravatt is offering property investors an average of -7.24. This rate of discount on properties puts Suburb at number 352th in terms of most discounted suburbs in QLD
Often selling an investment property can take time, and in Upper Mount Gravatt the average time real estate has been on the market is 48.18 days.
A $400 per week rent on the median house gives suburb investors a gross yield of circa 3.41%, without taking into account capital value appreciation, which has been averaging out at 6.73%.
If you compare the increase in value of investment property in Upper Mount Gravatt, 4122 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this QLD suburb was 0.87%.
A 8.96% growth in median value for property investors in Upper Mount Gravatt,4122 puts this suburb at number 257th in terms of best performing suburbs in QLD
Sellers are offering property buyers an average discount of -4.99% to buyers in Upper Mount Gravatt at the moment, which is less than average for the rest of QLD.
Upper Mount Gravatt, 4122’s gross rental yield is 4.95%