At number 2556th in the list of Australian suburbs ordered by increase in median house value over the last year, Secret Harbour, 6173 is in the BOTTOM 40% with a property value increase of 1.70% recorded in median house prices.
The five-year average increase in median property values for Secret Harbour,6173 has given property investors a potential capital gain of 11.16% across each of those five years.
State is the most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -8.21% offered to property buyers. Sellers in Secret Harbour itself are offering an average vendor discount of -5.99% to real estate investors.
A $400 per week rent on the median house gives suburb investors a gross yield of circa 4.35%, without taking into account capital value appreciation, which has been averaging out at 2.25%.