So – how is Mount Gravatt East property market shaping up?
Here’s a quick update to help you stay informed on the latest trends and what you can expect in the coming months.
Current Market Trends
Here are some key insights:
- Property Values – Homes: Over the past 12 months, property values in Mount Gravatt East have shown stable growth, with median house prices growing to circa $1.18M.
- Property Values – Units: Units have also seen stable growth with median unit prices growing to circa $685k.
- Rental Market: The rental market as a median is currently sitting at circa $650 per week for a house and $580 per week for a unit.
What Does This Mean for You?
With the strong capital growth, and rental yields of circa 3.2% for homes and 4.8% for units, the Mount Gravatt East market presents opportunities for both homeowners and investors. If you’re considering selling, the demand is still strong with average days on market sitting at a median of 29 days.
If you’re buying, it’s important to act quickly when the right property comes up, as competition for well-priced homes can be fierce. But rest assured, our team is here to guide you through every step of the process, ensuring you get the best deal possible.
Our Free Online Property Appraisal Tool
If you’re thinking about selling, or understanding the equity within your home to make your next investment property, now is a great time to get a market update on your property’s value. Our free online property appraisal tool provides a quick and easy estimate of what your home is worth in the current market. It’s a fantastic way to stay informed—no obligation, just valuable insights.
Let’s Talk!
If you’re looking for more in-depth analysis or advice, are curious how the market is affecting your specific situation, feel free to reach out to us. The team at Mamic Real Estate is always here to help you make informed decisions.
We look forward to helping you navigate the Mount Gravatt East and surrounding markets, whether you’re buying, selling, or just exploring your options.
Warm regards,
Anthony Mamic