AREA REPORTS

Graceville

QLD/
Graceville

Suburb Profile

Graceville - FREE SUBURB PROFILE REPORT
POSTAL CODE: QLD,4075

house
unit

A 13.1% increase in median property prices in GRACEVILLE, 4075 has allowed this suburb to join the ranks of best performing suburbs in QLD, settling at number 75th.

A steady increase in median property prices over a five-year period in the suburb translates to a 21.64% capital gain.

It also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $950,000

The augmented property values in the suburb are trailing above the territorial average of 1.87% in 2016.

On the other hand, based on current median home prices for the suburb, Real estate investors could earn a rental income of $587.5.

Home owners selling their properties and realtors in GRACEVILLE usually have to wait an average of 52.0 days days before their assets are lifted off the market.

The QLD suburb ranks 738th on the list of best yielding suburbs for rental properties in QLD, posting a 3.22% return.

It also places places th in Australia based on median property value growth during the quarter.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $950,000 $425,000
GROWTH REPORT
Median Quarterly 0% 0.83%
Median 12 month 13.1% N/A
Median 3 years 21.64% 3.16%
Median 5 years 26.54% 3.41%
10 years average annual 3.63% 0.77%
Weekly media advert. rent $587.5 $460
Time on Market 52.0 days 0.0 days
Gross Rental Yield Percent 3.22% 5.63%
demographics (median values)
Total Population
4096
Weekly Household Income
1581
Household Size
2.70
demographics
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