QLD has seen average median house prices change by 2.38% which means that Sunshine Beach, 4567 has done well for property investors by showing a capital gain of 13.85% over the last year
Over the longer term, Sunshine Beach has seen property prices show investors a 0.91% return over the last 3 years. This is an improvement over the last 12 months
Property investors looking for a bargain in Sunshine Beach should be aiming for at least -8.54% off the asking price, which is the average vendor discount being achieved at the moment.
On average over the past year, suburb has had 5.17 sales per month, which equates to 62 per year.
The QLD suburb of Sunshine Beach, 4567 is in the Noosa local government area.
If you compare the increase in value of investment property in Sunshine Beach, 4567 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this QLD suburb was 21.08%.
Sunshine Beach,4567 has offered an average of 21.08% return per annum in house price rises to property investors over the last three years.
LACK OF BUYER INTEREST may well be the reason that Sunshine Beach is offering property investors an average of -6.14. This rate of discount on properties puts Suburb at number 238th in terms of most discounted suburbs in QLD
At number 1109 in a list of fastest selling suburbs, Sunshine Beach is in the bottom 30% of suburbs in Australia with an average of days on market 98.1 for properties listed there.
With the median price for a house in Sunshine Beach being $614500 and the advertised rent reaching $460 the gross rental yield for property investors calculates out to be 3.89%