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Castaways Beach

Suburb Profile

Castaways Beach - FREE SUBURB PROFILE REPORT
POSTAL CODE: QLD,4567

house

Property investments in CASTAWAYS BEACH fare well against the rest of the country last year, registering a median home price increase of 6.49%.

Figures from the previous quarter show that capital gains for real estate buyers in the territory are low, as opposed to average gains per annum over the past five years.

Based on its average 5-year and quarterly capital gains CASTAWAYS BEACH, 4567 saw average growth in the long term.

Real estate investors could earn a rental income of $822.5 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 108.3 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 $1,190,000.

CASTAWAYS BEACH ranks 678th on the list of best yielding suburbs for rental properties in QLD, posting a 3.59% return.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $1,190,000 N/A
GROWTH REPORT
Median Quarterly -0.21% N/A
Median 12 month 6.49% N/A
Median 3 years 42% N/A
Median 5 years 40% N/A
10 years average annual 5.5% N/A
Weekly media advert. rent $822.5 N/A
Time on Market 108.3 days N/A
Gross Rental Yield Percent 3.59% N/A
demographics (median values)
Total Population
620
Weekly Household Income
1206
Household Size
2.90
demographics
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