Investment property in Cedar Grove has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 4.60%
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Cedar Grove has increased when compared to the 5 year average annual rate.
At number 732th of QLD’s most discounted properties, Cedar Grove is in the TOP 20% of the state/territory when listing in order of most discounted to least.
In the last year 36 properties changed hands in Cedar Grove, which puts it as the 540th most active market in QLD when comparing the number of sales per suburb.
With the median price for a house in Cedar Grove being $455000 and the advertised rent reaching $430 the gross rental yield for property investors calculates out to be 4.91%