Suburb Profile
Shelly Beach - FREE SUBURB PROFILE REPORT POSTAL CODE: QLD,4551
Property investors have seen a -1.68% drop in SHELLY BEACH based on a decrease 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 $880,000
Profits averaged 4.15% 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 $550 based on current median home prices for the suburb.
The gross rental yield in SHELLY BEACH, 4551 is 3.25%.
An average of 1.58 real estate transactions take place per month in SHELLY BEACH which translates to 19 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $880,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | -1.68% | N/A |
| Median 12 month | -5.88% | N/A |
| Median 3 years | 12.46% | N/A |
| Median 5 years | 48.77% | N/A |
| 10 years average annual | 2.04% | N/A |
| Weekly media advert. rent | $550 | N/A |
| Time on Market | 54.3 days | N/A |
| Gross Rental Yield Percent | 3.25% | N/A |
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