With a capital gain of 12.73% for the last 12 months, Rainbow Beach, 4581 has performed for property investments than its average annual 0.40% property growth over the last 5 years.
At number 161th of QLD’s most discounted properties, Rainbow Beach is in the bottom 20% of the state/territory when listing in order of most discounted to least.
Often selling an investment property can take time, and in Rainbow Beach the average time real estate has been on the market is 169.5 days.
Using the current median advertised rental of $310 and the average annual increase in value of a median property of 0.40%, investors should hope to achieve an overall return of 3.71%
Rainbow Beach is an average performer in QLD when comparing median price capital growth over the last year. Rainbow Beach gave property investors a good capital gain figure when compared to the rest of the state, with 3.66%.
Rainbow Beach,4581 has offered an average of 3.66% return per annum in house price rises to property investors over the last three years.
In the last year 15 properties changed hands in Rainbow Beach, which puts it as the 324th most active market in QLD when comparing the number of sales per suburb.
Advertised rents are around the $280 mark per week – giving a return of 6.85% based on the median price in Suburb