Over the last year, property investments in Kings Beach, 4551 have given investors a capital gain of 0.00%. This compares badly with the 2.51% for QLD as a whole.
Taking the average capital gain, or increase in median house value, Kings Beach,4551 has racked up an average of 0.00% over the period. This ranks it number 3249th in the whole country for real estate investors looking at median house price increases.
Kings Beach, 4551’s gross rental yield is 3.12%
With a capital gain of 0.00% for the last 12 months, Kings Beach, 4551 has performed for property investments than its average annual -0.56% property growth over the last 5 years.
Across a shorter period, Kings Beach, 4551 has seen a median price increase of 2.63% over the last quarter.
Property investors looking for a bargain in Kings Beach should be aiming for at least -5.78% off the asking price, which is the average vendor discount being achieved at the moment.
Kings Beach is 293th on a list of best yielding suburbs for rents in QLD with a 4.67% return