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Gleneagle

POSTAL CODE: QLD, 4285
HOUSE

Property investors have seen a 4.49% gain in GLENEAGLE based on an increase in median home prices for the past three months.

Homeowners and real estate investors betting on GLENEAGLE, 4285 can rest assured about this QLD suburb's performance. The suburb saw median home prices rise by 13.99%.

Based on its average 5-year and quarterly capital gains GLENEAGLE, 4285 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 $815,000

Profits averaged 12.67% per annum over a 3-year period, due to an upward trend in home prices in GLENEAGLE, 4285.

This means, real estate investors could earn a rental income of $600 based on current median home prices for the suburb.

The gross rental yield in GLENEAGLE, 4285 is 3.83%.

An average of 6.42 real estate transactions take place per month in GLENEAGLE which translates to 77 per annum.

Surburb overview

Gleneagle is a rural locality in the Scenic Rim Region of Queensland, situated approximately 65.7 kilometres south of Brisbane's central business district. The area spans 31.2 square kilometres and features a mix of rural landscapes and residential developments.

According to the 2021 Census, Gleneagle had a population of 2,106 residents. The community is predominantly Australian-born, with 83.5% of residents born in Australia. The most common ancestries reported were Australian (36.3%), English (29.8%), and Scottish (7.9%). English is the primary language spoken at home for 91.4% of the population.

Public transportation in Gleneagle is limited. The primary service is the Translink Route 540 bus, which connects the suburb to Browns Plains, where passengers can transfer to other services towards Brisbane. The nearest bus stop sits at Mount Lindesay Highway near Gleneagle School, approximately a 10-minute walk from the centre of the locality.

Essential services within Gleneagle are minimal. Residents often rely on nearby towns such as Beaudesert for access to shopping, dining, and medical facilities. The Gleneagle State School, located on Mount Lindesay Highway, provides primary education to local children. For secondary education, students typically attend Beaudesert State High School in the neighbouring town of Beaudesert.

Recreational activities in Gleneagle include several parks and outdoor spaces. The suburb features parks with amenities such as playgrounds, picnic areas, and walking tracks. Additionally, the nearby Mount Joyce Mountain Bike Park offers opportunities for mountain biking and other outdoor activities.

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