Sarina is in the bottom 20% in QLD when comparing median price capital growth over the last year. Sarina gave property investors a dismal capital gain figure when compared to the rest of the state, with -5.89%.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Sarina has fallen somewhat when compared to the 5 year average annual rate.
LACK OF BUYER INTEREST may well be the reason that Sarina is offering property investors an average of -7.21. This rate of discount on properties puts Suburb at number 91th in terms of most discounted suburbs in QLD
Often selling an investment property can take time, and in Sarina the average time real estate has been on the market is 82.22 days.
A $260 per week rent on the median house gives suburb investors a gross yield of circa 4.75%, without taking into account capital value appreciation, which has been averaging out at -0.59%.