What’s still to come for Australia’s property market?
A local professional has highlighted four key trends likely to impact Australia’s real estate industry. ...
Subscribe to our newsletter
ST ANDREWS BEACH, 3941 ranks 465th on the best performing suburbs in Australia in terms of capital gains, returning capital gains of 11.43% for property investors.
Based on its average 5-year and quarterly capital gains, the suburb saw average growth in the long term.
The suburb also 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 $975,000.
The upward trend in home prices in ST ANDREWS BEACH, 3941 averaged 9.29% per annum over a 3-year period.
Average weekly rents on listings have reached the $435 mark, reflecting a 2.32% increase in returns based on the current median price in ST ANDREWS BEACH.
An average of 2 real estate transactions take place per month in ST ANDREWS BEACH which translates to 24 per annum.
24 properties were sold in ST ANDREWS BEACH in 2016, making it the 404th most active market in VIC based on total real estate transactions.
ST ANDREWS BEACH, 3941 places 108th in Australia based on median property value growth during the quarter.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $975,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 4.84% | N/A |
| Median 12 month | 11.43% | N/A |
| Median 3 years | 27.87% | N/A |
| Median 5 years | 81.4% | N/A |
| 10 years average annual | 8.22% | N/A |
| Weekly media advert. rent | $435 | N/A |
| Time on Market | 107.5 days | N/A |
| Gross Rental Yield Percent | 2.32% | N/A |
A local professional has highlighted four key trends likely to impact Australia’s real estate industry. ...
A new guide offers insight into how landlords can terminate a tenancy agreement during the COVID-19 pandemic. ...
Several weeks after lockdown measures have been passed due to the ongoing COVD-19 pandemic, how is the Melbourne property market faring in t...
While property experts and big banks have widely predicted that the property market will fall, so far it has remained stable, an industry ex...
New laws to help ease the financial burden on Queensland strata communities caused by the COVID-19 pandemic have been passed by State Parlia...
NSW Fair Trading has clarified what landlords in the state can do should they find themselves in a position of negotiating a rental agreemen...
Get notifications in real-time for staying up to date with content that matters to you.
Subscribe to our newsletter
