Giving property investors a a stable capital gain of 8.03% for the last year, Surf Beach, 2536 is the 1558th highest performer in Australia in this respect.
While Surf Beach,2536 ranked number 600th in NSW for increase in median house value (annualised) increase, it is ranked 1198th over the last 5 years.
Surf Beach2536 is located in NSW which offers an average discount of -5.52% to property investors. Surf Beach itself is showing figures that indicate -5.76% is the average achievable by property buyers investing in the suburb.
With the median price for a house in Surf Beach being $370000 and the advertised rent reaching $385 the gross rental yield for property investors calculates out to be 5.41%
Surf Beach, 2536 ranked 486th in NSW when comparing growth in median property values or capital gain over the last 12 months. Surf Beach is one of 3162 in our list for NSW
Over the longer term, Surf Beach has seen property prices show investors a -4.00% return over the last 3 years. This is an improvement over the last 12 months
Vendor discounting in Surf Beach is giving property investors an average Vendor Discount of around -4.24%. This puts suburb at number 241th in NSW when ranking the most discounted suburbs.
On average over the past year, suburb has had 2.42 sales per month, which equates to 29 per year.
Renters in Suburb are facing rents around $3360 per annum or $280 every week.