Based on its average 5-year and quarterly capital gains MOUNT GRAVATT EAST, 4122 saw average growth in the long term.
A survey of average capital gains or median home price increase in suburbs across the country shows that MOUNT GRAVATT EAST, 4122 obtained a 4.03% growth over a ten-year period. It ranks 1877th on our list of suburbs that property investors should look into.
MOUNT GRAVATT EAST, 4122 in QLD belongs to the local government area of Brisbane.
MOUNT GRAVATT EAST, 4122 has a capital gain of 7.97% for the past year, which is lower than average compared to its 42.83% growth within a five-year period.
With the median home price in MOUNT GRAVATT EAST sitting at $657,000, and the average rent at $420, property owners could potentially earn a 3.32% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in MOUNT GRAVATT EAST are low, as opposed to average gains per annum over the past five years.
A steady increase in median property prices over a five-year period in MOUNT GRAVATT EAST, 4122 translates to a -1.57% capital gain.
MOUNT GRAVATT EAST, 4122 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 $438,000.
Profits due to an downward trend in home prices in MOUNT GRAVATT EAST, 4122 averaged -0.52% per annum over a 3-year period.
Home owners selling their properties and realtors in MOUNT GRAVATT EAST usually have to wait an average of 82.8 days days before their assets are lifted off the market.
Average weekly rents on listings have reached the $400 mark, reflecting a 4.75% increase in returns based on the current median price in MOUNT GRAVATT EAST.
MOUNT GRAVATT EAST, 4122 places 274th in Australia based on median property value growth during the quarter.