Greenslopes has had a A very good year for property investment returns compared to the rest of QLD, giving investors a capital gain of 8.72% to date .
The five-year average increase in median property values for Greenslopes,4120 has given property investors a potential capital gain of 44.64% across each of those five years.
Greenslopes, 4120 is offering QLD ‘s 335th most discounted properties when looking at the average discount being offered by vendors. This puts it in the middle of discounts offered by this QLD.
Residents and property investors in Greenslopes have been waiting around 60.76 days to sell a property.
A $467.5 per week rent on the median house gives suburb investors a gross yield of circa 3.00%, without taking into account capital value appreciation, which has been averaging out at 4.54%.
QLD has seen average median house prices change by 0.66% which means that Greenslopes, 4120 has done well for property investors by showing a capital gain of -2.17% over the last year
When looking at the potential capital gains offered to property investors over the last 3 years, Greenslopes comes in at number 151th in QLD.
At number 109th of QLD’s most discounted properties, Greenslopes is in the bottom 40% of the state/territory when listing in order of most discounted to least.
Greenslopes is 331th on a list of best yielding suburbs for rents in QLD with a 4.22% return
Greenslopes lies around 5km south of the Brisbane CBD and encompasses the Greenslopes Mall and Greenslopes Private Hospital. Road access to the city is good, via the Pacific Motorway, but the nearest train station is a couple of kilometres away at Fairfield.Full summary
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Greenslopes lies around 5km south of the Brisbane CBD and encompasses the Greenslopes Mall and Greenslopes Private Hospital. Road access to the city is good, via the Pacific Motorway, but the nearest train station is a couple of kilometres away at Fairfield.
Hot Property Specialists’ Liz Wilcox adds however that the bus options here are just as good, if not better, than nearby Holland Park’s thanks to Logan Road and the express busway.
Units here have an affordable median price tag and decent yields that are expected to rise in line with Brisbane’s tightening rental market.
Wilcox suggests that the area’s unit market will attract young professionals and healthcare workers, and with this in mind she recommends targeting the streets close to the hospital (just to the west of Logan Road) and the shopping centre (just to the east of Logan Road).
When it comes to what to buy, she suggests going for a modern or revamped unit to cater for tenant expectations and receive the best yields, as the old six-packs have “had their day.”