SAFETY BAY ranks 405th in WA when it comes to estimated capital gains experienced by property investors over the past three years.
The suburb’s capital gain of -3.13% for the past year is lower than average compared to its 0.65% growth within a five-year period.
Also in SAFETY BAY, the median home price is sitting at $387,500, and the average rent at $300, this suggests property owners could potentially earn a 4.03% increase in gross rental yield.
Property investors have seen a -5.49% drop in SAFETY BAY based on a decrease 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 -0.12% decrease over a ten-year period. It ranks 4210th on our list of suburbs that property investors should look into.