Safety Beach has had a pretty good year for property investment returns compared to the rest of VIC, giving investors a capital gain of 13.12% to date .
Safety Beach,3936 was ranked 854 in Australia by increase in median property value over the quarter.
Safety Beach3936 is located in VIC which offers an average discount of -6.04% to property investors. Safety Beach itself is showing figures that indicate -4.49% is the average achievable by property buyers investing in the suburb.
In the last year 162 properties changed hands in Safety Beach, which puts it as the 153th most active market in VIC when comparing the number of sales per suburb.
Property investors should expect to get $390 weekly from the median priced house in this suburb.
Safety Beach is in the TOP 10% in VIC when comparing median price capital growth over the last year. Safety Beach gave property investors a very good capital gain figure when compared to the rest of the state, with 25.06%.
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.
Our latest figures would indicate that property sellers in Safety Beach are currently offering property investors an average price cut of -3.31% below the asking price at the moment.
At number 550 in a list of fastest selling suburbs, Safety Beach is in the TOP 40% of suburbs in Australia with an average of days on market 66.2 for properties listed there.
Using the current median advertised rental of $365 and the average annual increase in value of a median property of 6.18%, investors should hope to achieve an overall return of 3.94%