Sunshine Beach has had a A very good year for property investment returns compared to the rest of QLD, giving investors a capital gain of 11.85% to date .
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Sunshine Beach has stayed pretty constant when compared to the 5 year average annual rate.
Property investors looking for a bargain in Sunshine Beach should be aiming for at least -6.16% off the asking price, which is the average vendor discount being achieved at the moment.
Situated 118.32km from the CBD, Sunshine Beach is one of Noosa localities in the postcode 4567.
Investment property in Sunshine Beach has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 16.28%
Sunshine Beach,4567 was ranked 358 in Australia by increase in median property value over the quarter.
At number 210th of QLD’s most discounted properties, Sunshine Beach is in the TOP 40% of the state/territory when listing in order of most discounted to least.
On average over the past year, suburb has had 7.58 sales per month, which equates to 91 per year.
Sunshine Beach is 358th on a list of best yielding suburbs for rents in QLD with a 3.76% return