SEVENTEEN MILE ROCKS ranks 238th in QLD when it comes to estimated capital gains experienced by property investors over the past three years.
The suburb’s capital gain of 2.24% for the past year is lower than average compared to its 27.13% growth within a five-year period.
Also in SEVENTEEN MILE ROCKS, the median home price is sitting at $731,000, and the average rent at $490, this suggests property owners could potentially earn a 3.49% increase in gross rental yield.
Property investors have seen a -3.66% 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 3.84% growth over a ten-year period. It ranks 2018th on our list of suburbs that property investors should look into.