QLD / Burdekin (S) / 4816 / Greenvale

Greenvale Property Data December 2021

Updated 15 December 2021

Greenvale Property Sales Overview

The median property value in Greenvale for December is $435,521.

Houses have increased by 0.41% for the month and decreased 0% for the year.

Rental demand is up with yields the same in February to 6.76%, from 6.76% in January.

The number of properties sold this quarter is down on last quarter from 12 to 4. This is down on the 5 year quarterly average of 7 indicating weaker demand.

What's the median House price in Greenvale in December 2021?

The median property value for houses in Greenvale is $435,521.

This is an increase of 0.41% ($433,745) from last month.

Median price looking back 12 months

How much does it cost to rent a House in Greenvale?

Rent prices in Greenvale are the highest they've been in 12 months at $354.

This is up 12.03% from a 12 month low of $316 in February 2021 and a 1.72% up from last month.

Rental cost looking back 12 months

What's the current rental yield in Greenvale?

Rental yields for houses in Greenvale is 6.76%.

This is up from a 12 month low of 6.37% in January 2021 and the same from a 12 month high of 6.76% in December 2021.

Rental yield looking back 12 months

How many properties sold in Greenvale in February?

Total sales volume in Greenvale is 4, which is down from 12 in the previous quarter.

This is 0% stronger than the weakest quarter in the last 5 years which was Q1 2021 with 0 sales and -60.00% weaker than the strongest quarter in the past 5 years which saw 10 sales in Q3 2021.

Quarterly volume of sales looking back 5 years

How long did it take to sell a property in Greenvale in February?

47 days is the average time on market in Greenvale in December, which is down from 49 in November and has been trending down since December 2020.

This can indicate a buyers market where sellers are finding it harder to make a sale.

Number of days on market looking back 12 months

Are properties selling below or above the listing price in Greenvale?

December sees the vendor expectation error for Greenvale at -0.7% which means, on average, places sold for -0.7% less than the listing price.

This is a great sign for buyers looking to negotiate.

It’s worth noting that in a hot market you might want to set your price expectations even higher than the -0.7% as things can move pretty quickly.

Vendor expectation error looking back 12 months
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