If you compare the increase in value of investment property in St Andrews Beach, 3941 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this VIC suburb was 33.93%.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in St Andrews 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 St Andrews Beach, 3941. Typically our figures indicate that -6.81% is being offered, which puts this VIC suburb at 1315th most discounted overall in Australia.
Using the current median advertised rental of $410 and the average annual increase in value of a median property of 9.86%, investors should hope to achieve an overall return of 2.84%