Suburb Profile
Castaways Beach - FREE SUBURB PROFILE REPORT POSTAL CODE: QLD,4567
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.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $965,000 | $1,380,000 |
| GROWTH REPORT | ||
| Median Quarterly | N/A | N/A |
| Median 12 month | 9.29% | N/A |
| Median 3 years | 13.86% | N/A |
| Median 5 years | 35.72% | N/A |
| 10 years average annual | 3.74% | N/A |
| Weekly media advert. rent | $760 | N/A |
| Time on Market | 103.6 days | 0.0 days |
| Gross Rental Yield Percent | 4.1% | N/A |
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great article Cate Bakos!
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