Property investors who have had real estate in Clifton Beach, 4879 should be unhappy with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -12.01%
Across a shorter period, Clifton Beach, 4879 has seen a median price increase of -8.13% over the last quarter.
LACK OF BUYER INTEREST may well be the reason that Clifton Beach is offering property investors an average of -7.32. This rate of discount on properties puts Suburb at number 296th in terms of most discounted suburbs in QLD
Often selling an investment property can take time, and in Clifton Beach the average time real estate has been on the market is 118.71 days.
Clifton Beach is 271th on a list of best yielding suburbs for rents in QLD with a 4.98% return
Investment property in Clifton Beach has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 5.88%
The five-year average increase in median property values for Clifton Beach,4879 has given property investors a potential capital gain of 17.39% across each of those five years.
Clifton Beach, 4879 is offering QLD ‘s 25th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 10% of discounts offered by this QLD.