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Grange
AREA REPORTS

Grange

Grange - SUBURB PROFILE REPORT
POSTAL CODE: QLD, 4051

house
unit
GRANGE ranks 203rd in QLD when it comes to estimated capital gains experienced by property investors over the past three years.

The suburb’s capital gain of 32.98% for the past year is higher than average compared to its 58.74% growth within a five-year period.

Also in GRANGE, the median home price is sitting at $1,375,000, and the average rent at $630, this suggests property owners could potentially earn a 2.38% increase in gross rental yield.

Property investors have seen a 9.96% gain in GRANGE based on an increase in median home prices for the past three months.

They believe that homeowners and real estate investors betting on GRANGE, 4051 can rest assured about this QLD suburb's performance. The suburb saw median home prices rise by 32.98%.

A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 8.04% growth over a ten-year period. It ranks 854th on our list of suburbs that property investors should look into.

Data report can be found below

Grange
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $1,375,000 $595,000
GROWTH REPORT
Median Quarterly 9.96% 0%
Median 12 month 32.98% 8.18%
Median 3 years 46.28% 53.75%
Median 5 years 58.74% 13.33%
10 years average annual 8.04% 19.39%
Weekly media advert. rent $630 $330
Time on Market 22.6 days 12.1 days
Gross Rental Yield Percent 2.38% 2.88%
demographics (median values)*
Total Population
4039
Weekly Household Income
1518
Household Size
2.60
Age
35
Monthly Loan Repayment
1700
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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