Queenscliff

POSTAL CODE: VIC, 3225
HOUSE

Property investors enjoyed capital gains of 4.07% over the last 12 months in QUEENSCLIFF, translating to lower returns compared with its peers in VIC.

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

This number can mean, real estate investors could earn a rental income of $645 based on current median home prices for the suburb.

On average, rents on listings have reached the $645 mark, reflecting a 2.5% increase in returns based on the current median price in QUEENSCLIFF.

QUEENSCLIFF, 3225 ranks 312th in VIC in terms of median property value increase and capital gains, based on year-to-date figures.

While it ranks 505th on the list of best yielding suburbs for rental properties in VIC, posting a 2.5% return.

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