A steady increase in median property prices over a five-year period in the suburb translates to a 65% capital gain.
The suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $1,650,000.
Profits due to an upward trend in home prices there averaged 21.67% per annum over a 3-year period.
Home owners selling their properties and realtors in MIDDLETON BEACH usually have to wait an average of N/A days before their assets are lifted off the market.
Average weekly rents on listings have reached the $595 mark, reflecting a 1.88% increase in returns based on the current median price in MIDDLETON BEACH.
MIDDLETON BEACH, 6330 places 45th in Australia based on median property value growth during the quarter.