Grasstree Beach

POSTAL CODE: QLD, 4740

HOUSE

GRASSTREE BEACH, 4740 ranks 21st on the best performing suburbs in Australia in terms of capital gains, returning capital gains of 43.16% 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 weaker performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $680,000.

The upward trend in home prices in GRASSTREE BEACH, 4740 averaged 21.62% per annum over a 3-year period.

Average weekly rents on listings have reached the N/A mark, reflecting a N/A increase in returns based on the current median price in GRASSTREE BEACH.

An average of 2.25 real estate transactions take place per month in GRASSTREE BEACH which translates to 27 per annum.

27 properties were sold in GRASSTREE BEACH in 2016, making it the 482nd most active market in QLD based on total real estate transactions.

GRASSTREE BEACH, 4740 places 602nd 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	$680,000	N/A
Growth Report
Median Quarterly	2.64%	N/A
Median 12 month	43.16%	N/A
Median 3 years	64.85%	N/A
Median 5 years	102.99%	N/A
10 years average annual	14.24%	N/A
Weekly media advert. rent	N/A	N/A
Time on Market	85.6 days	N/A
Gross Rental Yield Percent	0%	N/A

Demographics (Median Values)*

Total Population 544

Weekly Household Income 1032

Household Size 2.50

Average Age 43

Monthly Loan Repayment 1040

* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.

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