Shelly Beach has had a A very good year for property investment returns compared to the rest of QLD, giving investors a capital gain of 37.72% to date .
Shelly Beach,4551 was ranked 8 in Australia by increase in median property value over the quarter.
LACK OF BUYER INTEREST may well be the reason that Shelly Beach is offering property investors an average of -7.21. This rate of discount on properties puts Suburb at number 406th in terms of most discounted suburbs in QLD
In the last year 17 properties changed hands in Shelly Beach, which puts it as the 747th most active market in QLD when comparing the number of sales per suburb.
Using the current median advertised rental of $450 and the average annual increase in value of a median property of 6.72%, investors should hope to achieve an overall return of 2.03%