Golden Beach is in the TOP 20% in QLD when comparing median price capital growth over the last year. Golden Beach gave property investors a very good capital gain figure when compared to the rest of the state, with 12.20%.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Golden Beach has increased when compared to the 5 year average annual rate.
Property investors looking for a bargain in Golden Beach should be aiming for at least -5.11% off the asking price, which is the average vendor discount being achieved at the moment.
A $450 per week rent on the median house gives suburb investors a gross yield of circa 4.11%, without taking into account capital value appreciation, which has been averaging out at 3.41%.
QLD has seen average median house prices change by 0.15% which means that Golden Beach, 4551 has done well for property investors by showing a capital gain of 2.53% over the last year
Golden Beach,4551 was ranked 540 in Australia by increase in median property value over the quarter.
The most recent median price for Golden Beach is $405000, with sellers offering an average of -5.28% off the asking price.
Residents and property investors in Golden Beach have been waiting around 73.64 days to sell a property.
Golden Beach is 295th on a list of best yielding suburbs for rents in QLD with a 4.62% return