Greenslopes, 4120 ranked 305th in QLD when comparing growth in median property values or capital gain over the last 12 months. Greenslopes is one of 2415 in our list for QLD
Taking the average capital gain, or increase in median house value, Greenslopes,4120 has racked up an average of 2.95% over the period. This ranks it number 2593th in the whole country for real estate investors looking at median house price increases.
At number 548th of QLD’s most discounted properties, Greenslopes is in the TOP 30% of the state/territory when listing in order of most discounted to least.
Greenslopes is 690th on a list of best yielding suburbs for rents in QLD with a 3.46% return
Greenslopes is in the bottom 20% in QLD when comparing median price capital growth over the last year. Greenslopes gave property investors a dismal capital gain figure when compared to the rest of the state, with -10.40%.
The five-year average increase in median property values for Greenslopes,4120 has given property investors a potential capital gain of -17.58% across each of those five years.
Vendor discounting in Greenslopes is giving property investors an average Vendor Discount of around -6.28%. This puts suburb at number 99th in QLD when ranking the most discounted suburbs.
Residents and property investors in Greenslopes have been waiting around 75.9833 days to sell a property.
Advertised rents are around the $375 mark per week – giving a return of 5.66% based on the median price in Suburb
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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.”