Griffin has had a pretty average year for property investment returns compared to the rest of QLD, giving investors a capital gain of 3.09% to date .
Across a shorter period, Griffin, 4503 has seen a median price increase of 0.00% over the last quarter.
State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.29% offered to property buyers. Sellers in Griffin itself are offering an average vendor discount of -4.23% to real estate investors.
Residents and property investors in Griffin have been waiting around 59.02 days to sell a property.
Renters in Suburb are facing rents around $4920 per annum or $410 every week.
Investment property in Griffin 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 2.11%
While Griffin,4503 ranked number 165th in QLD for increase in median house value (annualised) increase, it is ranked 303th over the last 5 years.
On average over the past year, suburb has had 6.67 sales per month, which equates to 80 per year.
Property investors should expect to get $350 weekly from the median priced house in this suburb.