Shoal Point is in the bottom 20% in QLD when comparing median price capital growth over the last year. Shoal Point gave property investors a dismal capital gain figure when compared to the rest of the state, with -8.33%.
Over the longer term, Shoal Point has seen property prices show investors a -18.52% return over the last 3 years. This is an improvement over the last 12 months
Our latest figures would indicate that property sellers in Shoal Point are currently offering property investors an average price cut of -10.81% below the asking price at the moment.
With the median price for a house in Shoal Point being $440000 and the advertised rent reaching $440 the gross rental yield for property investors calculates out to be 5.20%