If you compare the increase in value of investment property in Greenvale, 4816 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 2.17%.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Greenvale has fallen somewhat when compared to the 5 year average annual rate.
Our latest figures would indicate that property sellers in Greenvale are currently offering property investors an average price cut of -6.41% below the asking price at the moment.
Greenvale, 4816’s gross rental yield is 6.06%