The suburb’s capital gain of 2.63% for the past year is higher than average compared to its 11.72% growth within a five-year period.
Also in SAFETY BAY, the median home price is sitting at $410,000, and the average rent at $320, this suggests property owners could potentially earn a 4.06% increase in gross rental yield.
Property investors have seen a -2.38% 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 0.14% growth over a ten-year period. It ranks 3840th on our list of suburbs that property investors should look into.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||2.63%||N/A|
|Median 3 years||-4.54%||N/A|
|Median 5 years||11.72%||N/A|
|10 years average annual||0.14%||N/A|
|Weekly media advert. rent||$320||N/A|
|Time on Market||89.0 days||N/A|
|Gross Rental Yield Percent||4.06%||N/A|