A steady increase in median property prices over a five-year period in the suburb translates to a 15.76% capital gain.
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 $900,000.
Profits due to an upward trend in home prices there averaged 5.25% per annum over a 3-year period.
Home owners selling their properties and realtors in DENHAMS BEACH usually have to wait an average of N/A days before their assets are lifted off the market.
Average weekly rents on listings have reached the $585 mark, reflecting a 3.38% increase in returns based on the current median price in DENHAMS BEACH.
DENHAMS BEACH, 2536 places 910th in Australia based on median property value growth during the quarter.