Greenbank has had a pretty average year for property investment returns compared to the rest of QLD, giving investors a capital gain of 3.78% to date .
The five-year average increase in median property values for Greenbank,4124 has given property investors a potential capital gain of 18.76% across each of those five years.
Property investors looking for a bargain in Greenbank should be aiming for at least -4.45% off the asking price, which is the average vendor discount being achieved at the moment.
In the last year 84 properties changed hands in Greenbank, which puts it as the 277th most active market in QLD when comparing the number of sales per suburb.
Advertised rents are around the $500 mark per week – giving a return of 4.51% based on the median price in Suburb