Peregian Beach has had a pretty good year for property investment returns compared to the rest of QLD, giving investors a capital gain of 8.70% to date .
While Peregian Beach,4573 ranked number 303th in QLD for increase in median house value (annualised) increase, it is ranked 62th over the last 5 years.
Property investors looking for a bargain in Peregian Beach should be aiming for at least -6.32% off the asking price, which is the average vendor discount being achieved at the moment.
If you compare the increase in value of investment property in Peregian Beach, 4573 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this QLD suburb was 6.38%.
The five-year average increase in median property values for Peregian Beach,4573 has given property investors a potential capital gain of 10.39% across each of those five years.
Vendor discounting in Peregian Beach is giving property investors an average Vendor Discount of around -5.63%. This puts suburb at number 165th in QLD when ranking the most discounted suburbs.
At number 1149 in a list of fastest selling suburbs, Peregian Beach is in the bottom 30% of suburbs in Australia with an average of days on market 100.73 for properties listed there.
Advertised rents are around the $500 mark per week – giving a return of 6.12% based on the median price in Suburb