Canton Beach has had a A very good year for property investment returns compared to the rest of NSW, giving investors a capital gain of 25.78% to date .
While Canton Beach,2263 ranked number 172th in NSW for increase in median house value (annualised) increase, it is ranked 538th over the last 5 years.
The most recent median price for Canton Beach is $525125, with sellers offering an average of -8.42% off the asking price.
Often selling an investment property can take time, and in Canton Beach the average time real estate has been on the market is 93.45 days.
Using the current median advertised rental of $350 and the average annual increase in value of a median property of 9.99%, investors should hope to achieve an overall return of 3.47%