SEVENTEEN MILE ROCKS ranks 606th in QLD when it comes to estimated capital gains experienced by property investors over the past three years.
The suburb’s capital gain of -9.31% for the past year is lower than average compared to its 35.71% growth within a five-year period.
Also in SEVENTEEN MILE ROCKS, the median home price is sitting at $657,500, and the average rent at $482.5, this suggests property owners could potentially earn a 3.82% increase in gross rental yield.
Property investors have seen a -10.67% drop in SEVENTEEN MILE ROCKS based on a decrease in median home prices for the past three months.
A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 2.69% growth over a ten-year period. It ranks 2614th on our list of suburbs that property investors should look into.