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AREA REPORTS

Glenella

Glenella - SUBURB PROFILE REPORT
POSTAL CODE: QLD, 4740

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Property investors enjoyed capital gains of 3.19% over the last 12 months in GLENELLA, translating to lower returns compared with its peers in QLD.

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

The suburb posted a 14.12% growth in median prices over a three-year period. This is considerably higher than the gains it recorded over the past year.

This number can mean, real estate investors could earn a rental income of $480 based on current median home prices for the suburb.

On average, rents on listings have reached the $480 mark, reflecting a 5.15% increase in returns based on the current median price in GLENELLA.

GLENELLA, 4740 ranks 609th in QLD in terms of median property value increase and capital gains, based on year-to-date figures.

While it ranks 282nd on the list of best yielding suburbs for rental properties in QLD, posting a 5.15% return.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $485,000 N/A
GROWTH REPORT
Median Quarterly 1.04% N/A
Median 12 month 3.19% N/A
Median 3 years 14.12% N/A
Median 5 years -1.52% N/A
10 years average annual -0.45% N/A
Weekly media advert. rent $480 N/A
Time on Market 74.2 days N/A
Gross Rental Yield Percent 5.15% N/A
demographics (median values)
Total Population
3846
Weekly Household Income
1707
Household Size
3.10
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