QLD has seen average median house prices change by 0.78% which means that Clear Island Waters, 4226 has done well for property investors by showing a capital gain of 3.85% over the last year
Across a shorter period, Clear Island Waters, 4226 has seen a median price increase of -4.00% over the last quarter.
Vendor discounting in Clear Island Waters is giving property investors an average Vendor Discount of around -7.52%. This puts suburb at number 208th in QLD when ranking the most discounted suburbs.
Clear Island Waters is 564th on a list of best yielding suburbs for rents in QLD with a 4.26% return
At number 279th in the list of Australian suburbs ordered by increase in median house value over the last year, Clear Island Waters, 4226 is in the top 20% with a property value increase of 6.62% recorded in median house prices.
Clear Island Waters,4226 has offered an average of 6.62% return per annum in house price rises to property investors over the last three years.
The QLD suburb of Clear Island Waters, 4226 is in the Gold Coast (C) local government area.
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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.