Investment property in Graceville has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -0.57%
Taking the average capital gain, or increase in median house value, Graceville,4075 has racked up an average of -0.57% over the period. This ranks it number 1645th in the whole country for real estate investors looking at median house price increases.
Vendor discounting in Graceville is giving property investors an average Vendor Discount of around -5.74%. This puts suburb at number 468th in QLD when ranking the most discounted suburbs.
With the median price for a house in Graceville being $914750 and the advertised rent reaching $600 the gross rental yield for property investors calculates out to be 3.41%
Graceville has had a pretty good year for property investment returns compared to the rest of QLD, giving investors a capital gain of 3.53% to date .
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.
On average over the past year, suburb has had 0.92 sales per month, which equates to 11 per year.
A $467.5 per week rent on the median house gives suburb investors a gross yield of circa 5.53%, without taking into account capital value appreciation, which has been averaging out at 2.77%.