Giving property investors a a stable capital gain of 8.74% for the last year, Palm Beach, 4221 is the 1251th highest performer in Australia in this respect.
Across a shorter period, Palm Beach, 4221 has seen a median price increase of 0.00% over the last quarter.
State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.32% offered to property buyers. Sellers in Palm Beach itself are offering an average vendor discount of -5.69% to real estate investors.
Advertised rents are around the $550 mark per week – giving a return of 4.09% based on the median price in Suburb
Palm Beach has had a A very good year for property investment returns compared to the rest of QLD, giving investors a capital gain of 9.51% to date .
When looking at the potential capital gains offered to property investors over the last 3 years, Palm Beach comes in at number 74th in QLD.
Sellers are offering property buyers an average discount of -4.66% to buyers in Palm Beach at the moment, which is less than average for the rest of QLD.
Palm Beach, 4221’s gross rental yield is 4.93%