Property investments in CASTAWAYS BEACH fare well against the rest of the country last year, registering a median home price increase of 9.29%.
Real estate investors could earn a rental income of $760 based on current median home prices for the suburb.
It is expected, nonetheless, for properties to spend some time on the market prior to a successful sale. homes and units usually stay on listing for an average of 103.6 days.
Besides that, the Australian suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.
Property investors perceived the median home price rise to $965,000.
CASTAWAYS BEACH ranks 549th on the list of best yielding suburbs for rental properties in QLD, posting a 4.1% return.
Average weekly rents on listings have reached the N/A mark, reflecting a 0% increase in returns based on the current median price in CASTAWAYS BEACH.
An average of 0.83 real estate transactions take place per month in CASTAWAYS BEACH which translates to 10 per annum.
10 properties were sold in CASTAWAYS BEACH during the past year, making it the 390th most active market in QLD based on total real estate transactions.
great article Cate Bakos!
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