Fraud Blocker

Granville, QLD 4650

If you’re looking to buy, rent, or invest in property, it’s important to do your research on the suburb first. This includes looking at house prices, real estate rental market data, and other advanced metrics. Here, we’ve compiled that information for Granville, QLD 4650 to help you make an informed decision about your property choice in this suburb.





Market Snapshot

This page provides an overview of the area’s real estate market. The data in this snapshot illustrates typical price, median rent and gross yield metrics for this suburb. You are able to visualise these 3 key metrics as well as other important indicators in the dashboard section that follows.

Buy 

2BR

3BR

4BR

5BR

Rent 

2BR

3BR

4BR

5BR

Yield 

2BR

3BR

4BR

5BR

Buy 

1BR

2BR

3BR

Rent 

1BR

2BR

3BR

Yield 

1BR

2BR

3BR

Lower Risk RCS™

Upgrade to Professional Plan to see the score

Capital Growth RCS™

Upgrade to Professional Plan to see the score

Cashflow RCS™

Upgrade to Professional Plan to see the score

FREE Investment Property Checklist

Secure your golden ticket to property investment success! Get our meticulously crafted Property Investment Checklist upon subscribing to our newsletter. It’s jam-packed with valuable insights from prime locations to specific building nuances.

Essentials
No Price Data
Loading…

Upgrade to Personal Plan to see forecasts on the graph above.

No Rent Data
Loading…

Upgrade to Personal Plan to see forecasts on the graph above.

Upgrade to Personal Plan to see Yield data.
Yield chart
Upgrade to Professional Plan to see Growth Rate Cycle data.
GRC chart
Fundamentals
Upgrade to Personal Plan to see IRSAD data.
IRSAD chart
Upgrade to Personal Plan to see U|H and R|O data.
Renters to owners pie chart
Upgrade to Personal Plan to see U|H and R|O data.
unit to houses pie charts
Upgrade to Personal Plan to see Demand Profile data.
Demand chart
Upgrade to Professional Plan to see Affordability Index data.
Inventory chart
Supply

Stock on Market

Inventory

Hold Period

Building Approvals

Upgrade to Professional Plan to see Stock On Market trend.
SOM chart
Upgrade to Professional Plan to see Inventory trend.
Inventory chart
Upgrade to Professional Plan to see Building Approvals trend.
Inventory chart
Upgrade to Professional Plan to see Hold Period trend.
Hold chart
Demand

Days on Market

Vacancy Rate

Clearance Rate

Search Index

Upgrade to Professional Plan to see Days On Market trend.
DOM chart
Upgrade to Professional Plan to see Vacancy Rate trend.
Inventory chart
Upgrade to Professional Plan to see Search Index trend.
Index chart
Upgrade to Professional Plan to see Clearance Rate trend.
Auction chart

How was this calculated? Typical Price is a continuous metric calculated via a process called data fitting. Median Rent is weekly advertised rent based on rentals over the preceding 12 months. Gross Yield is Median Rent x 52 x 100 / Typical Price. To discover additional information, click the “i” icon in the top left corner of each graph or visit the Data Dictionary page.

Have a question? You can either leave a comment below or post it on our forum.

0 thoughts on “Granville, QLD 4650”

  1. The total adult population (15 years or older) of Granville 4650 QLD is 2,116, with a median age of 48. Of those, 43.01% are married, 16.02% are divorced or separated, 33.41% are single and 7.94% are widowed.

    The average household size is 2.3 people per dwelling, and the median household monthly income is estimated to be $4,652. The median monthly mortgage repayment for households in this suburb is $1,044 which is 22.44% of their earnings.

    Source: ABS Census Data (2021)

  2. The Queensland suburb of Granville, post code 4650, is a residential locale with an estimated 1,538 households. The property market in this region shows some promising indices in certain areas as we delve into Q3 data for 2023.

    On average, houses in Granville are priced at $392,918, with a median rental price sitting at $405 per week. This produces an above minimum cashflow-wise indicative yield of 5.36% for investors. This yield suggests that cash-focused investors could potentially reap a lucratively high return from rental properties in this suburb.

    Granville’s socio-economic score on the IRSAD index is 819 out of 1,217, signifying a moderate socio-economic environment. The suburb features a balanced renter-to-owner ratio of 28%, which is healthy and suggests a good equilibrium between renters and homeowners – a factor that usually fosters a calm and balanced neighbourhood vibe.

    The ratio of units to houses sits at a mere 4%, a robust indicator that the suburb is less saturated with unit dwellings and contains predominately houses which suggests lesser competition among landlords for tenants. This usually sustains higher yields and, combined with the attractive yield mentioned earlier, asserts Granville as a not to be overlooked market for profit-focused investors.

    However, the ‘Years to Own’ aspect serves as a minor hindrance with it taking an estimated 33 years for homeownership – somewhat above the standard 30-year mortgage timeframe – denoting lessened affordability for potential buyers.

    Investors should take note of the promising low-supply market characteristics with a stock on market Percentage of a lowly 0.2% and a slim inventory level of just 0.88 months. These numbers illustrate the notion of low supply, signalling ideal buying opportunities for investors given the principles of supply and demand: low supply usually incites higher prices.

    Interestingly, the building approvals Ratio is down to 0.0%. Given new properties are slow to crop up in the area, Granville’s existing properties may experience escalated demand, and accordingly, higher prices.

    Days on Market for houses average out at 61, signifying a medium-demand level. Complimenting this is a stringently low vacancy rate at 0.45%, indicative of immense demand as properties rarely sit untenanted, increasing the potential for high rental returns.

    The buy search index for houses, however, rests at 3, hinting at average yet adequate demand for properties in this suburb. This reveals that while buying activity may be limited, there exists a consistent degree of interest in the Granville housing market.

    Overall, while some metrics may not be in the most favourable range, the majority of them – including the favourable yield, housing-focused market, low supply and high-demand as indicated by the low vacancy rate – hint at the potential profitability in Granville’s real estate market. Investors aiming for positive cashflows could find Granville promising, provided that a comprehensive understanding of this market is maintained through continuous monitoring of market trends and statistics. HtAG Analytics’ Relative Composite Score (RCS) metric, for instance, can be particularly useful in this regard, as it automates the research process by collating insights from over 80 metrics.

    It’s important to note that the above analysis provides a snapshot of current value metrics but doesn’t consider metric trends, which can also significantly influence investment decisions. Moreover, some metrics have greater importance than others based on various factors, a nuance that must be understood for a holistic analysis.

    Join HtAG Analytics to visualise these metrics trends, and gain a deeper understanding of their importance. By becoming part of HtAG Analytics, you will be empowered to make informed decisions, discerning which metrics are more significant in the context of your property investment strategy.

    This content serves to inform and does not constitute investment advice. Property investment involves risks and uncertainties, and professional advice should be sought before making any investment decisions. By leveraging expert guidance, potential investors can ensure a comprehensive understanding of the complex property investment landscape.

Leave a comment