Clear Island Waters has had a quite poor year for property investment returns compared to the rest of QLD, giving investors a capital gain of -2.63% to date .
Comparing Clear Island Waters,4226 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
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 Clear Island Waters, 4226. Typically our figures indicate that -6.38% is being offered, which puts this QLD suburb at 1388th most discounted overall in Australia.
At number 2443 in a list of fastest selling suburbs, Clear Island Waters is in the bottom 40% of suburbs in Australia with an average of days on market 89.0952 for properties listed there.
Property investors who have had real estate in Clear Island Waters, 4226 should be pleased with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 17.65%
The five-year average increase in median property values for Clear Island Waters,4226 has given property investors a potential capital gain of 19.05% across each of those five years.
Situated 73.09km from the CBD, Clear Island Waters is one of Gold Coast (C) localities in the postcode 4226.
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Apartment values are up
Median unit price: $440,000
Three-year growth: 5.4%
Rental yield: 5.8%
Lauded for its beautiful waterfront properties, the suburb of Clear Island Waters on the Gold Coast certainly lives up to its moniker. It is a tranquil area that surrounds the manmade Clear Island Lake and Boobegan Creek. Boaters in particular are big fans of this area.
Demand is strong among buyers, as units are off the market in 35 days on average. Prices have also been increasingly steadily since February 2016 – in the February 2019 quarter alone, they were up by 4.1%.
The suburb is bordered by Mermaid Waters, Robina, Merrimac and Carrara, which provide amenities like schooling and shopping. Nonetheless, Clear Island Waters has its own school, St Vincents Catholic Primary School, and golf courses like Surfers Paradise Golf Club. The suburb is especially popular with retirees, and residents can get around via bus.