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 Price | $1,612,500 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | -2.27% | N/A |
| 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 |
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