AREA REPORTS

Mission Beach

 

 

QLD/
Mission beach

Suburb Profile

Mission Beach - FREE SUBURB PROFILE REPORT
POSTAL CODE: QLD,4852

house
unit

Property investments in MISSION BEACH fare well against the rest of the country last year, registering a median home price increase of -30.67%.

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 MISSION BEACH, 4852 saw average decrease in the long term.

Real estate investors could earn a rental income of $360 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 165.6 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 $260,000.

MISSION BEACH ranks 32nd on the list of best yielding suburbs for rental properties in QLD, posting a 7.2% return.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $260,000 $162,500
GROWTH REPORT
Median Quarterly -10.34% 14.24%
Median 12 month -30.67% N/A
Median 3 years -17.2% N/A
Median 5 years -25.71% 150%
10 years average annual -4.86% 4.97%
Weekly media advert. rent $360 $290
Time on Market 165.6 days 0.0 days
Gross Rental Yield Percent 7.2% 9.28%
demographics (median values)
Total Population
990
Weekly Household Income
870
Household Size
2.30
demographics
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