Suburb Profile
Upper Mount Gravatt - FREE SUBURB PROFILE REPORT POSTAL CODE: QLD,4122
Property investors have seen a 0.56% gain in UPPER MOUNT GRAVATT based on an increase in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains UPPER MOUNT GRAVATT, 4122 saw average growth in the long term.
The QLD suburb also 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 $628,500
Profits averaged 3.75% per annum over a 3-year period, due to an upward trend in home prices in UPPER MOUNT GRAVATT, 4122.
This means, real estate investors could earn a rental income of $400 based on current median home prices for the suburb.
The gross rental yield in UPPER MOUNT GRAVATT, 4122 is 3.31%.
An average of 10.75 real estate transactions take place per month in UPPER MOUNT GRAVATT which translates to 129 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $628,500 | $426,000 |
| GROWTH REPORT | ||
| Median Quarterly | 0.56% | -5.33% |
| Median 12 month | 1% | -7.97% |
| Median 3 years | 11.24% | -8.37% |
| Median 5 years | 39.67% | 20.34% |
| 10 years average annual | 3.91% | 1.69% |
| Weekly media advert. rent | $400 | $440 |
| Time on Market | 49.5 days | 128.1 days |
| Gross Rental Yield Percent | 3.31% | 5.37% |
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