QLD has seen average median house prices change by 2.98% which means that Golden Beach, 4551 has done well for property investors by showing a capital gain of 3.67% over the last year
Golden Beach,4551 was ranked 3077 in Australia by increase in median property value over the quarter.
At number 606th of QLD’s most discounted properties, Golden Beach is in the TOP 30% of the state/territory when listing in order of most discounted to least.
Often selling an investment property can take time, and in Golden Beach the average time real estate has been on the market is 63.51 days.
Golden Beach is 547th on a list of best yielding suburbs for rents in QLD with a 4.14% return
With a capital gain of -1.25% for the last 12 months, Golden Beach, 4551 has performed for property investments than its average annual 1.41% property growth over the last 5 years.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Golden Beach has increased when compared to the 5 year average annual rate.
Our latest figures would indicate that property sellers in Golden Beach are currently offering property investors an average price cut of -4.87% below the asking price at the moment.
On average over the past year, suburb has had 9.00 sales per month, which equates to 108 per year.
A $360 per week rent on the median house gives suburb investors a gross yield of circa 4.74%, without taking into account capital value appreciation, which has been averaging out at 1.41%.