If you compare the increase in value of investment property in Armstrong Beach, 4737 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 20.50%.
Armstrong Beach,4737 was ranked 205 in Australia by increase in median property value over the quarter.
Sellers are offering property buyers an average discount of -5.70% to buyers in Armstrong Beach at the moment, which is less than average for the rest of QLD.
On average over the past year, suburb has had 0.92 sales per month, which equates to 11 per year.
Using the current median advertised rental of $385 and the average annual increase in value of a median property of 14.59%, investors should hope to achieve an overall return of 4.60%