Investment property in Griffin 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 1.79%
While Griffin,4503 ranked number 339th in QLD for increase in median house value (annualised) increase, it is ranked 393th over the last 5 years.
The most recent median price for Griffin is $456000, with sellers offering an average of -3.40% off the asking price.
Often selling an investment property can take time, and in Griffin the average time real estate has been on the market is 51.81 days.
Renters in Suburb are facing rents around $4920 per annum or $410 every week.
Griffin, 4503 ranked 178th in QLD when comparing growth in median property values or capital gain over the last 12 months. Griffin is one of 2415 in our list for QLD
Taking the average capital gain, or increase in median house value, Griffin,4503 has racked up an average of 0.95% over the period. This ranks it number 1155th in the whole country for real estate investors looking at median house price increases.
Advertised rents are around the $350 mark per week – giving a return of 4.88% based on the median price in Suburb