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Shelly BeachShelly Beach - SUBURB PROFILE REPORT
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Property investors have seen a 1.3% gain in SHELLY BEACH based on an increase in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains SHELLY BEACH, 4551 saw average growth in the long term.
The QLD 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 $1,400,000
Profits averaged 17.95% per annum over a 3-year period, due to an upward trend in home prices in SHELLY BEACH, 4551.
This means, real estate investors could earn a rental income of $670 based on current median home prices for the suburb.
The gross rental yield in SHELLY BEACH, 4551 is 2.49%.
An average of 1.42 real estate transactions take place per month in SHELLY BEACH which translates to 17 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $1,400,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 1.3% | N/A |
| Median 12 month | 3.32% | N/A |
| Median 3 years | 53.85% | N/A |
| Median 5 years | 60.55% | N/A |
| 10 years average annual | 7.73% | N/A |
| Weekly media advert. rent | $670 | N/A |
| Time on Market | 15.8 days | N/A |
| Gross Rental Yield Percent | 2.49% | N/A |
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