A steady increase in median property prices over a five-year period in the suburb translates to a 28.13% 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 $820,000
The augmented property values in the suburb are trailing above the territorial average of 12.36% in 2016.
On the other hand, based on current median home prices for the suburb, Real estate investors could earn a rental income of $715.
Home owners selling their properties and realtors in KEWARRA BEACH usually have to wait an average of 38.1 days days before their assets are lifted off the market.
The QLD suburb ranks 182nd on the list of best yielding suburbs for rental properties in QLD, posting a 4.53% return.
It also places places 466th in Australia based on median property value growth during the quarter.
Property investors enjoyed capital gains of 9.09% over the last 12 months in KEWARRA BEACH, translating to lower returns compared with its peers in QLD.
A survey of average capital gains or median home price increase in suburbs across the country shows that KEWARRA BEACH, 4879 obtained a 5.31% growth over a ten-year period. It ranks 870th on our list of suburbs that property investors should look into.
KEWARRA BEACH, 4879 has a capital gain of 9.09% for the past year, which is lower than average compared to its 62.86% growth within a five-year period.
With the median home price in KEWARRA BEACH sitting at $570,000, and the average rent at $650, property owners could potentially earn a 5.93% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in KEWARRA BEACH are low, as opposed to average gains per annum over the past five years.
KEWARRA BEACH, 4879 in QLD belongs to the local government area of Cairns.