At number 3277th in the list of Australian suburbs ordered by increase in median house value over the last year, Shelly Beach, 4551 is in the BOTTOM 30% with a property value increase of -3.11% recorded in median house prices.
Shelly Beach,4551 was ranked 3240 in Australia by increase in median property value over the quarter.
Vendor discounting in Shelly Beach is giving property investors an average Vendor Discount of around -7.19%. This puts suburb at number 355th in QLD when ranking the most discounted suburbs.
Using the current median advertised rental of $450 and the average annual increase in value of a median property of 3.20%, investors should hope to achieve an overall return of 2.68%