Beachmere, 4510 ranked 238th in QLD when comparing growth in median property values or capital gain over the last 12 months. Beachmere is one of 2415 in our list for QLD
Over the longer term, Beachmere has seen property prices show investors a 16.13% return over the last 3 years. This is worse than over the last 12 months
State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.10% offered to property buyers. Sellers in Beachmere itself are offering an average vendor discount of -6.96% to real estate investors.
Using the current median advertised rental of $340 and the average annual increase in value of a median property of 3.38%, investors should hope to achieve an overall return of 4.91%
If you compare the increase in value of investment property in Beachmere, 4510 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this QLD suburb was 19.96%.
Vendor discounting in Beachmere is giving property investors an average Vendor Discount of around -6.23%. This puts suburb at number 116th in QLD when ranking the most discounted suburbs.
Often selling an investment property can take time, and in Beachmere the average time real estate has been on the market is 139.15 days.