The post-budget guide to commercial property investing

Clifton Beach

POSTAL CODE: QLD, 4879
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CLIFTON BEACH, 4879 delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.

Average median house prices in QLD have risen as a whole, pulling CLIFTON BEACH, 4879 values up and netting property investors a capital gain of 13.08% for the past year.

Investors saw the median home price rise to $972,500.

Profits due to an upward trend in home prices in the suburb averaged 5.26% per annum over a 3-year period.

CLIFTON BEACH now ranks at the 849th place on a list of fastest growing suburbs in the territory.

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

Because of this real estate investors could earn a rental income of $845 based on current median home prices.

Regardless, it is expected for properties to spend some time on the market prior to a successful sale. In CLIFTON BEACH, homes and units usually stay on listing for an average of 66.3 days.

In 2016, 70 properties were sold in CLIFTON BEACH during the past year, making it the 153rd most active market in QLD based on total real estate transactions.

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