SAFETY BEACH ranks 116th in VIC when it comes to estimated capital gains experienced by property investors over the past three years.
The suburb’s capital gain of 18.18% for the past year is higher than average compared to its 46.82% growth within a five-year period.
This figures put the ATC suburb in the ranks of the best performing suburbs in Australia in terms of capital gains.
Also in SAFETY BEACH, the median home price is sitting at $780,000, and the average rent at $470, this suggests property owners could potentially earn a 3.13% increase in gross rental yield.
Property investors have seen a 5.12% gain in SAFETY BEACH based on an increase in median home prices for the past three months.
They believe that homeowners and real estate investors betting on SAFETY BEACH, 3936 can rest assured about this VIC suburb's performance. The suburb saw median home prices rise by 18.18%.
A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 6.83% growth over a ten-year period. It ranks 962nd on our list of suburbs that property investors should look into.
A 41.37% increase in median property prices in SAFETY BEACH, 3936 has allowed this suburb to join the ranks of best performing suburbs in VIC, settling at number 4th.
A steady increase in median property prices over a five-year period in SAFETY BEACH, 3936 translates to a 43.23% capital gain.
SAFETY BEACH, 3936 delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $645,000.
Augmented property values in SAFETY BEACH are trailing above the VIC average of 7.21% for the past year.
Real estate investors could earn a rental income of $399.5 based on current median home prices for the suburb.
Home owners selling their properties and realtors in SAFETY BEACH usually have to wait an average of 62.1 days days before their assets are lifted off the market.
SAFETY BEACH ranks 301st on the list of best yielding suburbs for rental properties in VIC, posting a 3.22% return.
SAFETY BEACH, 3936 places 237th in Australia based on median property value growth during the quarter.