CITY BEACH ranks 20th in WA when it comes to estimated capital gains experienced by property investors over the past three years.
The suburb’s capital gain of 9.26% for the past year is higher than average compared to its 8.11% growth within a five-year period.
Also in CITY BEACH, the median home price is sitting at $1,800,000, and the average rent at $900, this suggests property owners could potentially earn a 2.6% increase in gross rental yield.
Property investors have seen a 1.41% 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 -0.11% decrease over a ten-year period. It ranks 4208th on our list of suburbs that property investors should look into.