Suburb Profile Report for Granville QLD (4650)

Granville House: Median price $208,000, Annual capital growth 1.12%, Number of sales 31, Weekly median advertised rent $265

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report

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%

HOUSE UNIT
$208,000 N/A
-2.35% N/A
-3.26% N/A
1.12% N/A
$265 N/A
31 N/A
6.63% N/A
103.52 N/A

Source: CoreLogic

DSR Score for property investment : Below average (U), Above average (H)
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Demographics
Total population 2689
Median household income ($/weekly) 780
Median age of persons 40
Median housing loan repayment ($/monthly) 1226
Average household size 2.5
  • Census Count Percent(%)
    5-14 years 414 15.4
    35-44 years 289 10.7
    45-54 years 371 13.8
    55-64 years 340 12.6
    65-74 years 292 10.9
    Others 983 36.6
    Age Group
    Census Count Percent(%)
    Registered Married 891 49.1
    Not Married 737 40.6
    Defacto Relationship 188 10.4
    Social Marital Status
  • Census Count Percent(%)
    Australia 2334 92.7
    Papua New Guinea 40 1.6
    Philippines 16 0.6
    United Kingdom 76 3.0
    Other 17 0.7
    Others 34 1.4
    Country of Birth
    Census Count Percent(%)
    Christianity 1797 74.7
    No Religion 588 24.4
    Other Religious Groups 10 0.4
    Buddhism 8 0.3
    Australian Aboriginal Traditional Religions 3 0.1
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 104 11.9
    $400-$599 131 15.0
    $600-$799 147 16.8
    $800-$999 104 11.9
    $1,000-$1,249 91 10.4
    Others 299 34.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 934 48.1
    Employed, worked full-time 547 28.2
    Employed, worked part-time 284 14.6
    Unemployed, looking for work 110 5.7
    Employed, away from work 65 3.4
    Person Characteristics
  • Census Count Percent(%)
    Technicians & trades workers 152 16.9
    Clerical & administrative workers 137 15.3
    Sales 112 12.5
    Machinery operators & drivers 100 11.1
    Labourers 131 14.6
    Others 266 29.6
    Occupation
    Census Count Percent(%)
    Pre-school 24 4.2
    Infants/Primary 265 46.7
    Secondary 175 30.8
    Technical or Further Educational Institution 47 8.3
    University or other Tertiary Institutions 41 7.2
    Others 16 2.8
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2270 93.0
    Flat, unit or apartment 126 5.2
    Semi-detached, row or terrace house, townhouse 24 1.0
    House or flat attached to a shop, office 15 0.6
    Caravan, cabin, houseboat 7 0.3
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 366 38.3
    Rented 299 31.3
    Being purchased 288 30.1
    Other tenure type 3 0.3
    Tenure Type
Census 2011, ABS
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