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Greenbank
AREA REPORTS

Greenbank

Greenbank - SUBURB PROFILE REPORT
POSTAL CODE: QLD, 4124

house

Property investments in GREENBANK did not fare well against the rest of the country last year, registering a median home price decrease of 11.62%.

Figures from the previous quarter show that capital gains for real estate buyers in the territory are high, as opposed to average gains per annum over the past five years.

Based on its average 5-year and quarterly capital gains GREENBANK, 4124 saw average growth in the long term.

Real estate investors could earn a rental income of $450 based on current median home prices for the suburb.

It is expected, nonetheless, for properties to spend some time on the market prior to a successful sale. homes and units usually stay on listing for an average of 48.1 days.

Besides that, the Australian suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.

Property investors perceived the median home price rise to $653,000.

GREENBANK ranks 598th on the list of best yielding suburbs for rental properties in QLD, posting a 3.58% return.

Data report can be found below

Greenbank
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $653,000 N/A
GROWTH REPORT
Median Quarterly 3.65% N/A
Median 12 month 11.62% N/A
Median 3 years 5.75% N/A
Median 5 years 16.71% N/A
10 years average annual 2.09% N/A
Weekly media advert. rent $450 N/A
Time on Market 48.1 days N/A
Gross Rental Yield Percent 3.58% N/A
demographics (median values)*
Total Population
1905
Weekly Household Income
1229
Household Size
3.30
Age
39
Monthly Loan Repayment
1250
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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