Property Market Update: Melbourne, September 2021
Melbourne’s property market kept the ball rolling in September as the city’s dwelling values rose once more during t...
Property investors enjoyed capital gains of 20.49% over the last 12 months in BEACHMERE, translating to lower returns compared with its peers in QLD.
A survey of average capital gains or median home price increase in suburbs across the country shows that the QLD suburb obtained a 3.49% growth over a ten-year period. It ranks 2741st on our list of suburbs that property investors should look into.
BEACHMERE, 4510 has a capital gain of 20.49% for the past year, which is higher than average compared to its 47.88% growth within a five-year period.
With the median home price in BEACHMERE sitting at $488,000, and the average rent at $380, property owners could potentially earn a 4.05% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in BEACHMERE are low, as opposed to average gains per annum over the past five years.
BEACHMERE, 4510 in QLD belongs to the local government area of Moreton Bay (R).
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||20.49%||N/A|
|Median 3 years||16.54%||N/A|
|Median 5 years||47.88%||N/A|
|10 years average annual||3.49%||N/A|
|Weekly media advert. rent||$380||N/A|
|Time on Market||41.5 days||N/A|
|Gross Rental Yield Percent||4.05%||N/A|