Moffat Beach is in the TOP 10% in QLD when comparing median price capital growth over the last year. Moffat Beach gave property investors a very good capital gain figure when compared to the rest of the state, with 14.33%.
While Moffat Beach,4551 ranked number 323th in QLD for increase in median house value (annualised) increase, it is ranked 178th over the last 5 years.
Moffat Beach4551 is located in QLD which offers an average discount of -7.32% to property investors. Moffat Beach itself is showing figures that indicate -6.18% is the average achievable by property buyers investing in the suburb.
With the median price for a house in Moffat Beach being $690000 and the advertised rent reaching $445 the gross rental yield for property investors calculates out to be 3.35%
QLD has seen average median house prices change by 0.98% which means that Moffat Beach, 4551 has done well for property investors by showing a capital gain of -7.69% over the last year
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Moffat Beach has increased when compared to the 5 year average annual rate.
Vendor discounting in Moffat Beach is giving property investors an average Vendor Discount of around -6.05%. This puts suburb at number 130th in QLD when ranking the most discounted suburbs.
In the last year 23 properties changed hands in Moffat Beach, which puts it as the 291th most active market in QLD when comparing the number of sales per suburb.
Using the current median advertised rental of $350 and the average annual increase in value of a median property of 5.16%, investors should hope to achieve an overall return of 4.04%