Giving property investors a an unimpressive capital gain of 1.08% for the last year, Mermaid Beach, 4218 is the 2887th highest performer in Australia in this respect.
If we look at median property appreciation over just the last three months, Mermaid Beach has given property investors a paper return of -2.78%. This puts Suburb as 731 on a list of fastest fasting appreciating suburbs in QLD
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Mermaid Beach, 4218. Typically our figures indicate that -7.07% is being offered, which puts this QLD suburb at 1103th most discounted overall in Australia.
If you compare the increase in value of investment property in Mermaid Beach, 4218 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this QLD suburb was 6.67%.
While Mermaid Beach,4218 ranked number 97th in QLD for increase in median house value (annualised) increase, it is ranked 65th over the last 5 years.
State is the 4th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.08% offered to property buyers. Sellers in Mermaid Beach itself are offering an average vendor discount of -4.49% to real estate investors.
Mermaid Beach is 195th on a list of best yielding suburbs for rents in QLD with a 5.25% return