Property investors enjoyed capital gains of 8.72% over the last 12 months in GREENSLOPES, translating to lower returns compared with its peers in QLD.
Figures from the previous quarter show that capital gains for real estate buyers in GREENSLOPES are low, as opposed to average gains per annum over the past five years.
The suburb posted a 19.12% growth in median prices over a three-year period. This is considerably lower than the gains it recorded over the past year.
This number can mean, real estate investors could earn a rental income of $467.5 based on current median home prices for the suburb.
On average, rents on listings have reached the $467.5 mark, reflecting a 3% increase in returns based on the current median price in GREENSLOPES.
GREENSLOPES, 4120 ranks 171st in QLD in terms of median property value increase and capital gains, based on year-to-date figures.
While it ranks 703rd on the list of best yielding suburbs for rental properties in QLD, posting a 3% return.
Property investors have seen a -0.44% drop in GREENSLOPES based on a decrease in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains GREENSLOPES, 4120 saw average growth in the long term.
GREENSLOPES, 4120 delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $450,000.
Profits due to an upward trend in home prices in GREENSLOPES, 4120 averaged 2.59% per annum over a 3-year period.
This number can mean, real estate investors could earn a rental income of $365 based on current median home prices for the suburb.
The gross rental yield in GREENSLOPES, 4120 is 4.22%.
An average of 11.33 real estate transactions take place per month in GREENSLOPES which translates to 136 per annum.
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