QLD has seen average median house prices change by 1.17% which means that Griffin, 4503 has done well for property investors by showing a capital gain of -1.02% over the last year
When looking at the potential capital gains offered to property investors over the last 3 years, Griffin comes in at number 508th in QLD.
State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.78% offered to property buyers. Sellers in Griffin itself are offering an average vendor discount of -4.25% to real estate investors.
The QLD suburb of Griffin, 4503 is in the Moreton Bay (R) local government area.
Property value increases in Griffin have tracked lower than the QLD average of 0.65% over the last 12 months.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Griffin has fallen somewhat when compared to the 5 year average annual rate.
On average over the past year, suburb has had 1.50 sales per month, which equates to 18 per year.
Griffin, 4503’s gross rental yield is 6.17%