Giving property investors a an average capital gain of 2.94% for the last year, Griffin, 4503 is the 2480th highest performer in Australia in this respect.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Griffin has increased when compared to the 5 year average annual rate.
Griffin4503 is located in QLD which offers an average discount of -7.21% to property investors. Griffin itself is showing figures that indicate -4.06% is the average achievable by property buyers investing in the suburb.
At number 829 in a list of fastest selling suburbs, Griffin is in the TOP 30% of suburbs in Australia with an average of days on market 56.76 for properties listed there.
A $410 per week rent on the median house gives suburb investors a gross yield of circa 4.69%, without taking into account capital value appreciation, which has been averaging out at 3.34%.
QLD has seen average median house prices change by 0.65% which means that Griffin, 4503 has done well for property investors by showing a capital gain of 1.36% over the last year
Across a shorter period, Griffin, 4503 has seen a median price increase of 0.00% over the last quarter.
A $350 per week rent on the median house gives suburb investors a gross yield of circa 4.87%, without taking into account capital value appreciation, which has been averaging out at 0.67%.