
Tenants’ Rights When Disaster Strikes
Western Australia’s consumer protection body is reminding rental providers that they must still follow the letter of t...
CANTON BEACH, 2263 ranks 1299th on the best performing suburbs in Australia in terms of capital gains, returning capital gains of 28% 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 $768,000.
The upward trend in home prices in CANTON BEACH, 2263 averaged 17.06% per annum over a 3-year period.
Average weekly rents on listings have reached the $405 mark, reflecting a 2.74% increase in returns based on the current median price in CANTON BEACH.
An average of 1.92 real estate transactions take place per month in CANTON BEACH which translates to 23 per annum.
23 properties were sold in CANTON BEACH in 2016, making it the 888th most active market in NSW based on total real estate transactions.
CANTON BEACH, 2263 places 226th in Australia based on median property value growth during the quarter.
KEY PROPERTY DATA REPORT | HOUSE | UNIT |
---|---|---|
Median Price | $768,000 | $345,000 |
GROWTH REPORT | ||
Median Quarterly | 11.3% | N/A |
Median 12 month | 28% | N/A |
Median 3 years | 51.18% | N/A |
Median 5 years | 70.67% | N/A |
10 years average annual | 10.2% | N/A |
Weekly media advert. rent | $405 | N/A |
Time on Market | 14.4 days | 0.0 days |
Gross Rental Yield Percent | 2.74% | N/A |