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1 MIN READThis Central Coast Suburb Will Remain ‘white Hot’ For The Rest Of The Year
The poster child of the COVID-19 city exodus, Gosford on the Central Coast, is now seeing an uptick in listings, but acc...
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City BeachCity Beach - SUBURB PROFILE REPORT
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The suburb’s capital gain of 25% for the past year is higher than average compared to its 18.69% growth within a five-year period.
This figures put the ATC suburb in the ranks of the best performing suburbs in Australia in terms of capital gains.
Also in CITY BEACH, the median home price is sitting at $2,000,000, and the average rent at $850, this suggests property owners could potentially earn a 2.21% increase in gross rental yield.
Property investors have seen a 11.11% gain in CITY BEACH based on an increase in median home prices for the past three months.
They believe that homeowners and real estate investors betting on CITY BEACH, 6015 can rest assured about this WA suburb's performance. The suburb saw median home prices rise by 25%.
A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 1.18% growth over a ten-year period. It ranks 3740th on our list of suburbs that property investors should look into.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $2,000,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 11.11% | N/A |
| Median 12 month | 25% | N/A |
| Median 3 years | 11.11% | N/A |
| Median 5 years | 18.69% | N/A |
| 10 years average annual | 1.18% | N/A |
| Weekly media advert. rent | $850 | N/A |
| Time on Market | 63.2 days | N/A |
| Gross Rental Yield Percent | 2.21% | N/A |
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