Investment property in Kewarra Beach has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 7.03%
Over the longer term, Kewarra Beach has seen property prices show investors a 14.21% return over the last 3 years. This is worse than over the last 12 months
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Kewarra Beach, 4879. Typically our figures indicate that -5.77% is being offered, which puts this QLD suburb at 1955th most discounted overall in Australia.
Residents and property investors in Kewarra Beach have been waiting around 80.45 days to sell a property.
Situated 1403.67km from the CBD, Kewarra Beach is one of Cairns localities in the postcode 4879.
QLD has seen average median house prices change by 0.65% which means that Kewarra Beach, 4879 has done well for property investors by showing a capital gain of -3.21% over the last year
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Kewarra Beach has fallen somewhat when compared to the 5 year average annual rate.
Property buyers and investors in Kewarra Beach 4879 should be seeing an average reduction in asking price of around -5.68% . This means that Kewarra Beach is holding prices well when compared to other suburbs in QLD.
Property investors should expect to get $360 weekly from the median priced house in this suburb.