Property investors who have had real estate in Mount Gravatt, 4122 should be relatively unhappy with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 4.49%
Comparing Mount Gravatt,4122 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Property investors looking for a bargain in Mount Gravatt should be aiming for at least -5.01% off the asking price, which is the average vendor discount being achieved at the moment.
Situated 8.88km from the CBD, Mount Gravatt is one of Brisbane (C) localities in the postcode 4122.
Mount Gravatt has had a very poor year for property investment returns compared to the rest of QLD, giving investors a capital gain of 0.41% to date .
The five-year average increase in median property values for Mount Gravatt,4122 has given property investors a potential capital gain of -1.72% across each of those five years.
Mount Gravatt, 4122 is offering QLD ‘s 29th 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.
On average over the past year, suburb has had 2.17 sales per month, which equates to 26 per year.
A $310 per week rent on the median house gives suburb investors a gross yield of circa 6.65%, without taking into account capital value appreciation, which has been averaging out at -1.48%.