Graceville has had a A very good year for property investment returns compared to the rest of QLD, giving investors a capital gain of 28.09% to date .
Taking the average capital gain, or increase in median house value, Graceville,4075 has racked up an average of 28.09% over the period. This ranks it number 1309th in the whole country for real estate investors looking at median house price increases.
Graceville, 4075 is offering QLD ‘s 46th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 10% of discounts offered by this QLD.
In the last year 81 properties changed hands in Graceville, which puts it as the 437th most active market in QLD when comparing the number of sales per suburb.
Using the current median advertised rental of $550 and the average annual increase in value of a median property of 5.73%, investors should hope to achieve an overall return of 2.51%
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Graceville has increased when compared to the 5 year average annual rate.
Graceville is 264th on a list of best yielding suburbs for rents in QLD with a 4.90% return