The suburb’s capital gain of 5.73% for the past year is higher than average compared to its 15.07% growth within a five-year period.
Also in SAFETY BAY, the median home price is sitting at $420,000, and the average rent at $320, this suggests property owners could potentially earn a 3.96% increase in gross rental yield.
Property investors have seen a 1.2% gain in SAFETY BAY 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 0.35% growth over a ten-year period. It ranks 3842nd on our list of suburbs that property investors should look into.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||5.73%||N/A|
|Median 3 years||-3.45%||N/A|
|Median 5 years||15.07%||N/A|
|10 years average annual||0.35%||N/A|
|Weekly media advert. rent||$320||N/A|
|Time on Market||78.4 days||N/A|
|Gross Rental Yield Percent||3.96%||N/A|