QLD has seen average median house prices change by 2.41% which means that Kings Beach, 4551 has done well for property investors by showing a capital gain of 0.00% over the last year
Advertised rents are around the $387.5 mark per week – giving a return of 3.10% based on the median price in Suburb
At number 901th in the list of Australian suburbs ordered by increase in median house value over the last year, Kings Beach, 4551 is in the BOTTOM 50% with a property value increase of 2.63% recorded in median house prices.
While Kings Beach,4551 ranked number 167th in QLD for increase in median house value (annualised) increase, it is ranked 152th over the last 5 years.
Property buyers and investors in Kings Beach 4551 should be seeing an average reduction in asking price of around -5.63% . This means that Kings Beach is holding prices well when compared to other suburbs in QLD.
In the last year 187 properties changed hands in Kings Beach, which puts it as the 40th most active market in QLD when comparing the number of sales per suburb.
With the median price for a house in Kings Beach being $390000 and the advertised rent reaching $350 the gross rental yield for property investors calculates out to be 4.67%