Is the regional trend coming to an end?
The regional trend could be coming to an end as new figures reveal that monthly capital city price growth has outpaced regional price growth...
A steady increase in median property prices over a five-year period in the suburb translates to a 1.14% capital gain.
It also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $445,000
The augmented property values in the suburb are trailing behind the territorial average of 5.08% in 2016.
On the other hand, based on current median home prices for the suburb, Real estate investors could earn a rental income of $460.
Home owners selling their properties and realtors in KEWARRA BEACH usually have to wait an average of 85.3 days days before their assets are lifted off the market.
The QLD suburb ranks 222nd on the list of best yielding suburbs for rental properties in QLD, posting a 5.38% return.
It also places places 706th in Australia based on median property value growth during the quarter.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $445,000 | $425,000 |
| GROWTH REPORT | ||
| Median Quarterly | -1.11% | -12.37% |
| Median 12 month | -3% | 10.39% |
| Median 3 years | 1.14% | 34.81% |
| Median 5 years | 2.77% | 11.11% |
| 10 years average annual | 1.32% | 1.04% |
| Weekly media advert. rent | $460 | $350 |
| Time on Market | 85.3 days | 0.0 days |
| Gross Rental Yield Percent | 5.38% | 4.28% |
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