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Graceville
AREA REPORTS

Graceville

Graceville - SUBURB PROFILE REPORT
POSTAL CODE: QLD, 4075

house
unit

A steady increase in median property prices over a five-year period in the suburb translates to a 43.54% 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 $1,360,000

The augmented property values in the suburb are trailing above the territorial average of 19.02% in 2016.

On the other hand, based on current median home prices for the suburb, Real estate investors could earn a rental income of $665.

Home owners selling their properties and realtors in GRACEVILLE usually have to wait an average of 31.5 days days before their assets are lifted off the market.

The QLD suburb ranks 708th on the list of best yielding suburbs for rental properties in QLD, posting a 2.54% return.

It also places places 810th in Australia based on median property value growth during the quarter.

Data report can be found below

Graceville
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $1,360,000 $542,500
GROWTH REPORT
Median Quarterly 2.06% 2.36%
Median 12 month 31.08% 10.43%
Median 3 years 43.54% 27.65%
Median 5 years 65.25% 29.17%
10 years average annual 7.99% 4.54%
Weekly media advert. rent $665 $485
Time on Market 31.5 days 16.9 days
Gross Rental Yield Percent 2.54% 4.65%
demographics (median values)*
Total Population
4096
Weekly Household Income
1581
Household Size
2.70
Age
35
Monthly Loan Repayment
1636
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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