Kewarra Beach has had a quite poor year for property investment returns compared to the rest of QLD, giving investors a capital gain of 1.00% to date .
Comparing Kewarra Beach,4879 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Our latest figures would indicate that property sellers in Kewarra Beach are currently offering property investors an average price cut of -5.45% below the asking price at the moment.
Situated 1403.68km from the CBD, Kewarra Beach is one of Cairns localities in the postcode 4879.
QLD has seen average median house prices change by 0.48% which means that Kewarra Beach, 4879 has done well for property investors by showing a capital gain of 7.19% over the last year
Kewarra Beach,4879 has offered an average of 7.19% return per annum in house price rises to property investors over the last three years.
LACK OF BUYER INTEREST may well be the reason that Kewarra Beach is offering property investors an average of -6.15. This rate of discount on properties puts Suburb at number 165th in terms of most discounted suburbs in QLD
Advertised rents are around the $360 mark per week – giving a return of 4.57% based on the median price in Suburb