INVESTING INSIGHTS WITH RIGHT PROPERTY GROUP: Looking back to look forward
On the resumption of the fifth season of Investing Insights with Right Property Group, Australians are being urged to ride through the ups a...
The suburb’s capital gain of 2.71% for the past year is higher than average compared to its -2.01% growth within a five-year period.
Also in CITY BEACH, the median home price is sitting at $1,705,000, and the average rent at $850, this suggests property owners could potentially earn a 2.59% increase in gross rental yield.
Property investors have seen a 3.33% gain in CITY BEACH based on an increase 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 -0.02% decrease over a ten-year period. It ranks 4395th on our list of suburbs that property investors should look into.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $1,705,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 3.33% | N/A |
| Median 12 month | 2.71% | N/A |
| Median 3 years | 0.29% | N/A |
| Median 5 years | -2.01% | N/A |
| 10 years average annual | -0.02% | N/A |
| Weekly media advert. rent | $850 | N/A |
| Time on Market | 77.1 days | N/A |
| Gross Rental Yield Percent | 2.59% | N/A |
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