Property value increases in Clifton Beach have tracked lower than the QLD average of 2.22% over the last 12 months.
Comparing Clifton Beach,4879 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.23% offered to property buyers. Sellers in Clifton Beach itself are offering an average vendor discount of -6.59% to real estate investors.
At number 3207 in a list of fastest selling suburbs, Clifton Beach is in the bottom 20% of suburbs in Australia with an average of days on market 122.28 for properties listed there.
A $460 per week rent on the median house gives suburb investors a gross yield of circa 4.69%, without taking into account capital value appreciation, which has been averaging out at 2.73%.
Clifton Beach is in the TOP 20% in QLD when comparing median price capital growth over the last year. Clifton Beach gave property investors a very good capital gain figure when compared to the rest of the state, with 12.24%.
Taking the average capital gain, or increase in median house value, Clifton Beach,4879 has racked up an average of 12.24% over the period. This ranks it number 394th in the whole country for real estate investors looking at median house price increases.
The most recent median price for Clifton Beach is $275000, with sellers offering an average of -9.29% off the asking price.
Often selling an investment property can take time, and in Clifton Beach the average time real estate has been on the market is 97.16 days.
A $315 per week rent on the median house gives suburb investors a gross yield of circa 5.96%, without taking into account capital value appreciation, which has been averaging out at -0.62%.