QLD has seen average median house prices change by 2.51% which means that Clifton Beach, 4879 has done well for property investors by showing a capital gain of -0.48% over the last year
If we look at median property appreciation over just the last three months, Clifton Beach has given property investors a paper return of 4.50%. This puts Suburb as 103 on a list of fastest fasting appreciating suburbs in QLD
State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.21% offered to property buyers. Sellers in Clifton Beach itself are offering an average vendor discount of -8.78% to real estate investors.
Property investors should expect to get $460 weekly from the median priced house in this suburb.
Clifton Beach is in the TOP 30% in QLD when comparing median price capital growth over the last year. Clifton Beach gave property investors a good capital gain figure when compared to the rest of the state, with 5.69%.
If we look at median property appreciation over just the last three months, Clifton Beach has given property investors a paper return of -0.19%. This puts Suburb as 185 on a list of fastest fasting appreciating suburbs in QLD
Property investors looking for a bargain in Clifton Beach should be aiming for at least -9.11% off the asking price, which is the average vendor discount being achieved at the moment.
On average over the past year, suburb has had 3.25 sales per month, which equates to 39 per year.
A $320 per week rent on the median house gives suburb investors a gross yield of circa 6.17%, without taking into account capital value appreciation, which has been averaging out at -0.68%.