Glass House Mountains

POSTAL CODE: QLD, 4518

HOUSE

GLASS HOUSE MOUNTAINS, 4518 ranks 554th on the best performing suburbs in Australia in terms of capital gains, returning capital gains of 19.57% for property investors.

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

The suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $1,100,000.

The upward trend in home prices in GLASS HOUSE MOUNTAINS, 4518 averaged 9.06% per annum over a 3-year period.

Average weekly rents on listings have reached the $700 mark, reflecting a 3.31% increase in returns based on the current median price in GLASS HOUSE MOUNTAINS.

An average of 10.42 real estate transactions take place per month in GLASS HOUSE MOUNTAINS which translates to 125 per annum.

125 properties were sold in GLASS HOUSE MOUNTAINS in 2016, making it the 875th most active market in QLD based on total real estate transactions.

GLASS HOUSE MOUNTAINS, 4518 places 470th in Australia based on median property value growth during the quarter.

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Data report can be found below

Key Property Date Report	HOUSE	UNIT
Median Price	$1,100,000	N/A
Growth Report
Median Quarterly	3.77%	N/A
Median 12 month	19.57%	N/A
Median 3 years	27.17%	N/A
Median 5 years	91.3%	N/A
10 years average annual	10.03%	N/A
Weekly media advert. rent	$700	N/A
Time on Market	61.5 days	N/A
Gross Rental Yield Percent	3.31%	N/A

Demographics (Median Values)*

Total Population 4451

Weekly Household Income 948.8

Household Size 2.70

Average 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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