A steady increase in median property prices over a five-year period in the suburb translates to a 24.58% capital gain.
The suburb also 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 $747,500.
Profits due to an upward trend in home prices there averaged 8.19% per annum over a 3-year period.
Home owners selling their properties and realtors in MOFFAT BEACH usually have to wait an average of 38.4 days days before their assets are lifted off the market.
Average weekly rents on listings have reached the $450 mark, reflecting a 3.13% increase in returns based on the current median price in MOFFAT BEACH.
MOFFAT BEACH, 4551 places 593rd in Australia based on median property value growth during the quarter.
Property investors in MOFFAT BEACH enjoyed capital gains of 2.86% over the last 12 months translating to lower returns compared with its peers in the territory.
MOFFAT BEACH posted a 13.21% growth in median prices over a three-year period. This is considerably higher than the gains it recorded over the past year.
Real estate investors could earn a rental income of $385 based on current median home prices for the suburb.
Average weekly rents on listings have reached the $385 mark, reflecting a 4.45% increase in returns based on the current median price in MOFFAT BEACH.
MOFFAT BEACH, 4551 ranks 125th in QLD in terms of median property value increase and capital gains, based on year-to-date figures.
MOFFAT BEACH ranks 309th on the list of best yielding suburbs for rental properties in QLD, posting a 4.45% return.
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