Property value increases in Tin Can Bay have tracked lower than the QLD average of 2.45% over the last 12 months.
If we look at median property appreciation over just the last three months, Tin Can Bay has given property investors a paper return of -2.33%. This puts Suburb as 689 on a list of fastest fasting appreciating suburbs in QLD
Property buyers and investors in Tin Can Bay 4580 should be seeing an average reduction in asking price of around -7.14% . This means that Tin Can Bay is holding prices well when compared to other suburbs in QLD.
In the last year 66 properties changed hands in Tin Can Bay, which puts it as the 358th most active market in QLD when comparing the number of sales per suburb.
Tin Can Bay, 4580’s gross rental yield is 4.70%
While Tin Can Bay,4580 ranked number 344th in QLD for increase in median house value (annualised) increase, it is ranked 314th over the last 5 years.
On average over the past year, suburb has had 1.00 sales per month, which equates to 12 per year.
With the median price for a house in Tin Can Bay being $204750 and the advertised rent reaching $245 the gross rental yield for property investors calculates out to be 6.22%