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1 MIN READDemand For Homes Stays High In 1 State While The Rest Fall Back
Rising interest rates have eased demand from potential buyers, which has been reflected in the slowing of home price gro...
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GlenvaleGlenvale - SUBURB PROFILE REPORT
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Based on its average 5-year and quarterly capital gains GLENVALE, 4350 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 GLENVALE, 4350 obtained a 2.76% growth over a ten-year period. It ranks 3246th on our list of suburbs that property investors should look into.
GLENVALE, 4350 in QLD belongs to the local government area of Toowoomba (R).
GLENVALE, 4350 has a capital gain of 18.09% for the past year, which is higher than average compared to its 14.42% growth within a five-year period.
With the median home price in GLENVALE sitting at $432,500, and the average rent at $380, property owners could potentially earn a 4.57% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in GLENVALE are high, as opposed to average gains per annum over the past five years.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $432,500 | $310,000 |
| GROWTH REPORT | ||
| Median Quarterly | 6.79% | 0% |
| Median 12 month | 18.09% | 23.02% |
| Median 3 years | 19.06% | N/A |
| Median 5 years | 14.42% | 0% |
| 10 years average annual | 2.76% | 5.36% |
| Weekly media advert. rent | $380 | $350 |
| Time on Market | 25.1 days | 72.1 days |
| Gross Rental Yield Percent | 4.57% | 5.87% |
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