If you compare the increase in value of investment property in Granville, 4650 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this QLD suburb was -3.26%.
Granville,4650 has offered an average of -3.26% return per annum in house price rises to property investors over the last three years.
State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.31% offered to property buyers. Sellers in Granville itself are offering an average vendor discount of -10.53% to real estate investors.
At number 2706 in a list of fastest selling suburbs, Granville is in the bottom 30% of suburbs in Australia with an average of days on market 103.52 for properties listed there.
With the median price for a house in Granville being $208000 and the advertised rent reaching $265 the gross rental yield for property investors calculates out to be 6.63%