Grange has had a A very good year for property investment returns compared to the rest of QLD, giving investors a capital gain of 11.25% to date .
Comparing Grange,4051 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Grange, 4051. Typically our figures indicate that -9.34% is being offered, which puts this QLD suburb at 379th most discounted overall in Australia.
In the last year 68 properties changed hands in Grange, which puts it as the 351th most active market in QLD when comparing the number of sales per suburb.
Using the current median advertised rental of $525 and the average annual increase in value of a median property of 4.58%, investors should hope to achieve an overall return of 2.87%