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Granville

Suburb Profile

Granville - FREE SUBURB PROFILE REPORT
POSTAL CODE: QLD,4650

house

GRANVILLE, 4650 delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.

Average median house prices in QLD have risen as a whole, pulling GRANVILLE, 4650 values up and netting property investors a capital gain of 0.6% for the past year.

Investors saw the median home price rise to $211,250.

Profits due to an upward trend in home prices in the suburb averaged 0.52% per annum over a 3-year period.

GRANVILLE now ranks at the 702nd place on a list of fastest growing suburbs in the territory.

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

Because of this real estate investors could earn a rental income of $290 based on current median home prices.

Regardless, it is expected for properties to spend some time on the market prior to a successful sale. In GRANVILLE, homes and units usually stay on listing for an average of 104.2 days.

In 2016, 36 properties were sold in GRANVILLE during the past year, making it the 336th most active market in QLD based on total real estate transactions.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $211,250 N/A
GROWTH REPORT
Median Quarterly -6.11% N/A
Median 12 month 0.6% N/A
Median 3 years 1.56% N/A
Median 5 years 5.63% N/A
10 years average annual -1.03% N/A
Weekly media advert. rent $290 N/A
Time on Market 104.2 days N/A
Gross Rental Yield Percent 7.14% N/A
demographics (median values)
Total Population
2607
Weekly Household Income
704.7
Household Size
2.60
demographics
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