Greenslopes, 4120 ranked 365th 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
While Greenslopes,4120 ranked number 846th in QLD for increase in median house value (annualised) increase, it is ranked 212th over the last 5 years.
Our latest figures would indicate that property sellers in Greenslopes are currently offering property investors an average price cut of -11.58% below the asking price at the moment.
Situated 5.01km from the CBD, Greenslopes is one of Brisbane (C) localities in the postcode 4120.
At number 1434th in the list of Australian suburbs ordered by increase in median house value over the last year, Greenslopes, 4120 is in the BOTTOM 20% with a property value increase of -11.47% recorded in median house prices.
Over the longer term, Greenslopes has seen property prices show investors a -5.19% return over the last 3 years. This is worse than over the last 12 months
Property investors looking for a bargain in Greenslopes should be aiming for at least -3.92% off the asking price, which is the average vendor discount being achieved at the moment.
Often selling an investment property can take time, and in Greenslopes the average time real estate has been on the market is 89.9 days.
Greenslopes is 272th on a list of best yielding suburbs for rents in QLD with a 4.74% 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.”