Moore Park Beach

POSTAL CODE: QLD, 4670
HOUSE

Property investors enjoyed capital gains of 7.25% over the last 12 months in MOORE PARK BEACH, translating to lower returns compared with its peers in QLD.

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

The suburb posted a 48.3% growth in median prices over a three-year period. This is considerably higher than the gains it recorded over the past year.

This number can mean, real estate investors could earn a rental income of $600 based on current median home prices for the suburb.

On average, rents on listings have reached the $600 mark, reflecting a 4.22% increase in returns based on the current median price in MOORE PARK BEACH.

MOORE PARK BEACH, 4670 ranks 761st in QLD in terms of median property value increase and capital gains, based on year-to-date figures.

While it ranks 237th on the list of best yielding suburbs for rental properties in QLD, posting a 4.22% return.

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