Investment property in Dicky Beach has done poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -7.48%
Comparing Dicky Beach,4551 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Property buyers and investors in Dicky Beach 4551 should be seeing an average reduction in asking price of around -6.20% . This means that Dicky Beach is holding prices well when compared to other suburbs in QLD.
Using the current median advertised rental of $460 and the average annual increase in value of a median property of 3.51%, investors should hope to achieve an overall return of 3.47%
Property value increases in Dicky Beach have tracked higher than the QLD average of 0.65% over the last 12 months.
The five-year average increase in median property values for Dicky Beach,4551 has given property investors a potential capital gain of 32.16% across each of those five years.
At number 236th of QLD’s most discounted properties, Dicky Beach is in the TOP 30% of the state/territory when listing in order of most discounted to least.
With the median price for a house in Dicky Beach being $375000 and the advertised rent reaching $390 the gross rental yield for property investors calculates out to be 5.41%