TURNERS BEACH ranks 20th in TAS when it comes to estimated capital gains experienced by property investors over the past three years.
The suburb’s capital gain of 8.96% for the past year is higher than average compared to its 18.7% growth within a five-year period.
Also in TURNERS BEACH, the median home price is sitting at $365,000, and the average rent at $290, this suggests property owners could potentially earn a 4.13% increase in gross rental yield.
Property investors have seen a 6.03% gain in TURNERS BEACH based on an increase in median home prices for the past three months.
A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 1.46% growth over a ten-year period. It ranks 3424th on our list of suburbs that property investors should look into.