Property investments in MISSION BEACH fare well against the rest of the country last year, registering a median home price increase of 19.05%.
Real estate investors could earn a rental income of $350 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 141.9 days.
Besides that, the Australian suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.
Property investors perceived the median home price rise to $375,000.
MISSION BEACH ranks 294th on the list of best yielding suburbs for rental properties in QLD, posting a 4.85% 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 MISSION BEACH.
An average of 1.58 real estate transactions take place per month in MISSION BEACH which translates to 19 per annum.
19 properties were sold in MISSION BEACH during the past year, making it the 262nd most active market in QLD based on total real estate transactions.
great article Cate Bakos!
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