Property investors enjoyed capital gains of 15.63% over the last 12 months in NOOSA HEADS, translating to lower returns compared with its peers in QLD.
A survey of average capital gains or median home price increase in suburbs across the country shows that the QLD suburb obtained a 3.64% growth over a ten-year period. It ranks 2274th on our list of suburbs that property investors should look into.
NOOSA HEADS, 4567 has a capital gain of 15.63% for the past year, which is higher than average compared to its 24.16% growth within a five-year period.
With the median home price in NOOSA HEADS sitting at $925,000, and the average rent at $600, property owners could potentially earn a 3.37% increase in gross rental yield.
A 15.63% increase in median property prices in NOOSA HEADS, 4567 has allowed this suburb to join the ranks of best performing suburbs in QLD, settling at number 49th.
Figures from the previous quarter show that capital gains for real estate buyers in NOOSA HEADS are low, as opposed to average gains per annum over the past five years.
NOOSA HEADS, 4567 in QLD belongs to the local government area of Noosa.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||15.63%||-6.96%|
|Median 3 years||38.58%||39.56%|
|Median 5 years||24.16%||18.69%|
|10 years average annual||3.64%||-0.08%|
|Weekly media advert. rent||$600||$500|
|Time on Market||84.8 days||103.2 days|
|Gross Rental Yield Percent||3.37%||4.09%|