The suburb’s capital gain of -5.15% for the past year is lower than average compared to its -0.92% growth within a five-year period.
Also in CITY BEACH, the median home price is sitting at $1,612,500, and the average rent at $835, this suggests property owners could potentially earn a 2.69% increase in gross rental yield.
Property investors have seen a -2.27% drop in CITY BEACH based on a decrease 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 -0.44% decrease over a ten-year period. It ranks 4118th on our list of suburbs that property investors should look into.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||-5.15%||N/A|
|Median 3 years||-3.01%||N/A|
|Median 5 years||-0.92%||N/A|
|10 years average annual||-0.44%||N/A|
|Weekly media advert. rent||$835||N/A|
|Time on Market||92.6 days||N/A|
|Gross Rental Yield Percent||2.69%||N/A|