Investment property in Sunrise Beach has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 11.66%
Sunrise Beach,4567 was ranked 400 in Australia by increase in median property value over the quarter.
LACK OF BUYER INTEREST may well be the reason that Sunrise Beach is offering property investors an average of -6.78. This rate of discount on properties puts Suburb at number 765th in terms of most discounted suburbs in QLD
At number 1684 in a list of fastest selling suburbs, Sunrise Beach is just in the top half of suburbs in Australia with an average of days on market 68.79 for properties listed there.
Using the current median advertised rental of $587.5 and the average annual increase in value of a median property of 3.17%, investors should hope to achieve an overall return of 3.89%
Giving property investors a a solid capital gain of 14.05% for the last year, Sunrise Beach, 4567 is the 311th highest performer in Australia in this respect.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Sunrise Beach has increased when compared to the 5 year average annual rate.
Sellers are offering property buyers an average discount of -4.71% to buyers in Sunrise Beach at the moment, which is less than average for the rest of QLD.
The QLD suburb of Sunrise Beach, 4567 is in the Noosa local government area.