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Glass House Mountains
AREA REPORTS

Glass House Mountains

Glass House Mountains - SUBURB PROFILE REPORT
POSTAL CODE: QLD, 4518

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

The 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 $708,125.

The upward trend in home prices in GLASS HOUSE MOUNTAINS, 4518 averaged 12.95% per annum over a 3-year period.

Average weekly rents on listings have reached the $550 mark, reflecting a 4.04% increase in returns based on the current median price in GLASS HOUSE MOUNTAINS.

An average of 11 real estate transactions take place per month in GLASS HOUSE MOUNTAINS which translates to 132 per annum.

132 properties were sold in GLASS HOUSE MOUNTAINS in 2016, making it the 913th most active market in QLD based on total real estate transactions.

GLASS HOUSE MOUNTAINS, 4518 places 252nd in Australia based on median property value growth during the quarter.

Data report can be found below

Glass House Mountains
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $708,125 N/A
GROWTH REPORT
Median Quarterly 8.32% N/A
Median 12 month 22.09% N/A
Median 3 years 38.85% N/A
Median 5 years 48.3% N/A
10 years average annual 5.62% N/A
Weekly media advert. rent $550 N/A
Time on Market 24.5 days N/A
Gross Rental Yield Percent 4.04% N/A
demographics (median values)*
Total Population
4451
Weekly Household Income
948.8
Household Size
2.70
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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