Investment property in Shelly Beach has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 7.94%
Over the longer term, Shelly Beach has seen property prices show investors a 22.33% return over the last 3 years. This is worse than over the last 12 months
Shelly Beach4551 is located in QLD which offers an average discount of -6.86% to property investors. Shelly Beach itself is showing figures that indicate -6.48% is the average achievable by property buyers investing in the suburb.
With the median price for a house in Shelly Beach being $917500 and the advertised rent reaching $480 the gross rental yield for property investors calculates out to be 2.72%