Safety Beach is an average performer in VIC when comparing median price capital growth over the last year. Safety Beach gave property investors a good capital gain figure when compared to the rest of the state, with 15.48%.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Safety Beach has increased when compared to the 5 year average annual rate.
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 Safety Beach, 3936. Typically our figures indicate that -5.32% is being offered, which puts this VIC suburb at 2008th most discounted overall in Australia.
On average over the past year, suburb has had 12.08 sales per month, which equates to 145 per year.
Situated 55.50km from the CBD, Safety Beach is one of Mornington Peninsula localities in the postcode 3936.
Property investors who have had real estate in Safety Beach, 3936 should be pleased with this VIC suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 33.33%
When looking at the potential capital gains offered to property investors over the last 3 years, Safety Beach comes in at number 13th in VIC.
LACK OF BUYER INTEREST may well be the reason that Safety Beach is offering property investors an average of -4.68. This rate of discount on properties puts Suburb at number 263th in terms of most discounted suburbs in VIC
Renters in Suburb are facing rents around $4794 per annum or $399.5 every week.