MAIN BEACH, 4217 delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.
Investors saw the median home price rise to $1,542,500.
MAIN BEACH now ranks at the 346th place on a list of fastest growing suburbs in the territory.
Because of this real estate investors could earn a rental income of $750 based on current median home prices.
Regardless, it is expected for properties to spend some time on the market prior to a successful sale. In MAIN BEACH, homes and units usually stay on listing for an average of 0.0 days.
In 2016, 10 properties were sold in MAIN BEACH during the past year, making it the 929th most active market in QLD based on total real estate transactions.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||N/A||12.5%|
|Median 3 years||N/A||25.22%|
|Median 5 years||N/A||32.11%|
|10 years average annual||N/A||1.81%|
|Weekly media advert. rent||$750||$540|
|Time on Market||0.0 days||87.5 days|
|Gross Rental Yield Percent||2.53%||3.9%|