Over the last year, property investments in Clifton Beach, 4879 have given investors a capital gain of 1.89%. This compares averagely with the 2.41% for QLD as a whole.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Clifton Beach has increased when compared to the 5 year average annual rate.
Sellers are offering property buyers an average discount of -8.50% to buyers in Clifton Beach at the moment, which is less than average for the rest of QLD.
With the median price for a house in Clifton Beach being $540000 and the advertised rent reaching $460 the gross rental yield for property investors calculates out to be 4.43%
Giving property investors a a stable capital gain of 8.57% for the last year, Clifton Beach, 4879 is the 507th highest performer in Australia in this respect.
If we look at median property appreciation over just the last three months, Clifton Beach has given property investors a paper return of 5.56%. This puts Suburb as 32 on a list of fastest fasting appreciating suburbs in QLD
Property buyers and investors in Clifton Beach 4879 should be seeing an average reduction in asking price of around -6.36% . This means that Clifton Beach is holding prices well when compared to other suburbs in QLD.
Residents and property investors in Clifton Beach have been waiting around 114.09 days to sell a property.
Using the current median advertised rental of $320 and the average annual increase in value of a median property of -0.13%, investors should hope to achieve an overall return of 5.84%