Renters in Suburb are facing rents around $7710 per annum or $642.5 every week.
Investment property in Main Beach has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 1.89%
While Main Beach,4217 ranked number 29th in QLD for increase in median house value (annualised) increase, it is ranked 88th over the last 5 years.
Property investors looking for a bargain in Main Beach should be aiming for at least -7.72% off the asking price, which is the average vendor discount being achieved at the moment.
With the median price for a house in Main Beach being $672500 and the advertised rent reaching $500 the gross rental yield for property investors calculates out to be 3.87%