Property investors have seen a -14.69% 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 $900,000
Profits averaged 6.67% 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 $510 based on current median home prices for the suburb.
The gross rental yield in SHELLY BEACH, 4551 is 2.95%.
An average of 1.83 real estate transactions take place per month in SHELLY BEACH which translates to 22 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||1.69%||N/A|
|Median 3 years||20%||N/A|
|Median 5 years||N/A||N/A|
|10 years average annual||5.52%||N/A|
|Weekly media advert. rent||$510||N/A|
|Time on Market||57.7 days||N/A|
|Gross Rental Yield Percent||2.95%||N/A|