Property investors who have had real estate in Moore Park Beach, 4670 should be relatively unhappy with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 0.56%
If we look at median property appreciation over just the last three months, Moore Park Beach has given property investors a paper return of -1.46%. This puts Suburb as 648 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 -7.05% offered to property buyers. Sellers in Moore Park Beach itself are offering an average vendor discount of -8.03% to real estate investors.
A $300 per week rent on the median house gives suburb investors a gross yield of circa 4.25%, without taking into account capital value appreciation, which has been averaging out at 1.88%.