The suburb’s capital gain of -4.3% for the past year is lower than average compared to its -5.98% 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 $795, this suggests property owners could potentially earn a 2.56% increase in gross rental yield.
Property investors have seen a 0% 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 -0.77% decrease over a ten-year period. It ranks 4064th on our list of suburbs that property investors should look into.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||-4.3%||N/A|
|Median 3 years||-3.01%||N/A|
|Median 5 years||-5.98%||N/A|
|10 years average annual||-0.77%||N/A|
|Weekly media advert. rent||$795||N/A|
|Time on Market||96.9 days||N/A|
|Gross Rental Yield Percent||2.56%||N/A|