CITY BEACH ranks 29th in WA when it comes to estimated capital gains experienced by property investors over the past three years.
The suburb’s capital gain of 4.95% for the past year is higher than average compared to its 8.19% growth within a five-year period.
Also in CITY BEACH, the median home price is sitting at $1,750,000, and the average rent at $850, this suggests property owners could potentially earn a 2.53% increase in gross rental yield.
Property investors have seen a 7.53% 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 -0.08% decrease over a ten-year period. It ranks 4181st on our list of suburbs that property investors should look into.