If you compare the increase in value of investment property in Clifton Beach, 4879 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this QLD suburb was -7.55%.
The five-year average increase in median property values for Clifton Beach,4879 has given property investors a potential capital gain of 12.64% across each of those five years.
State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.24% offered to property buyers. Sellers in Clifton Beach itself are offering an average vendor discount of -8.07% to real estate investors.
Advertised rents are around the $460 mark per week – giving a return of 4.88% based on the median price in Suburb
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%
Over the longer term, Clifton Beach has seen property prices show investors a 17.39% return over the last 3 years. This is worse than over the last 12 months
Property investors looking for a bargain in Clifton Beach should be aiming for at least -9.06% off the asking price, which is the average vendor discount being achieved at the moment.