If you compare the increase in value of investment property in Tin Can Bay, 4580 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 13.45%.
If we look at median property appreciation over just the last three months, Tin Can Bay has given property investors a paper return of 10.96%. This puts Suburb as 30 on a list of fastest fasting appreciating suburbs in QLD
State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.32% offered to property buyers. Sellers in Tin Can Bay itself are offering an average vendor discount of -8.90% to real estate investors.
Advertised rents are around the $290 mark per week – giving a return of 4.58% based on the median price in Suburb