Property value increases in Griffin have tracked just higher than the QLD average of 0.78% over the last 12 months.
Griffin,4503 was ranked 1605 in Australia by increase in median property value over the quarter.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Griffin, 4503. Typically our figures indicate that -4.11% is being offered, which puts this QLD suburb at 2909th most discounted overall in Australia.
On average over the past year, suburb has had 10.42 sales per month, which equates to 125 per year.
Griffin is 446th on a list of best yielding suburbs for rents in QLD with a 4.64% return
If you compare the increase in value of investment property in Griffin, 4503 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this QLD suburb was -9.85%.
Taking the average capital gain, or increase in median house value, Griffin,4503 has racked up an average of -9.85% over the period. This ranks it number 1372th in the whole country for real estate investors looking at median house price increases.
Situated 22.64km from the CBD, Griffin is one of Moreton Bay (R) localities in the postcode 4503.