Property investors who have had real estate in Sunset Beach, 6530 should be unhappy with this WA suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -3.47%
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Sunset Beach has fallen somewhat when compared to the 5 year average annual rate.
LACK OF BUYER INTEREST may well be the reason that Sunset Beach is offering property investors an average of -8.24. This rate of discount on properties puts Suburb at number 69th in terms of most discounted suburbs in WA
With the median price for a house in Sunset Beach being $347500 and the advertised rent reaching $290 the gross rental yield for property investors calculates out to be 4.34%