AREA REPORTS

Cedar Grove

 

 

QLD/
Cedar grove

Suburb Profile

Cedar Grove - FREE SUBURB PROFILE REPORT
POSTAL CODE: QLD,4285

house

Property investments in CEDAR GROVE did not fare well against the rest of the country last year, registering a median home price decrease of -0.66%.

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

Based on its average 5-year and quarterly capital gains CEDAR GROVE, 4285 saw average growth in the long term.

Real estate investors could earn a rental income of $440 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 53.8 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 $454,000.

CEDAR GROVE ranks 290th on the list of best yielding suburbs for rental properties in QLD, posting a 5.04% return.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $454,000 N/A
GROWTH REPORT
Median Quarterly 0.22% N/A
Median 12 month -0.66% N/A
Median 3 years 4.97% N/A
Median 5 years 13.5% N/A
10 years average annual 1.11% N/A
Weekly media advert. rent $440 N/A
Time on Market 53.8 days N/A
Gross Rental Yield Percent 5.04% N/A
demographics (median values)
Total Population
2166
Weekly Household Income
1180
Household Size
3.20
demographics
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