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 2.83%
Comparing Sunrise Beach,4567 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
State is the 4th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.01% offered to property buyers. Sellers in Sunrise Beach itself are offering an average vendor discount of -6.46% to real estate investors.
Situated 117.11km from the CBD, Sunrise Beach is one of Noosa (S) localities in the postcode 4567.
Sunrise Beach, 4567 ranked 161th in QLD when comparing growth in median property values or capital gain over the last 12 months. Sunrise Beach is one of 2415 in our list for QLD
If we look at median property appreciation over just the last three months, Sunrise Beach has given property investors a paper return of -1.61%. This puts Suburb as 223 on a list of fastest fasting appreciating suburbs in QLD
Property buyers and investors in Sunrise Beach 4567 should be seeing an average reduction in asking price of around -4.99% . This means that Sunrise Beach is holding prices well when compared to other suburbs in QLD.
Sunrise Beach is 287th on a list of best yielding suburbs for rents in QLD with a 4.51% return
Information supplied by:
Good for the short and long term
Median unit price: $830,000
Three-year growth: 36.1%
Rental yield: 3.4%
Sunrise Beach is an instant hit among residents and holidaymakers, if only for its proximity to the famous Hastings Street in Noosa.
Unlike its trendy neighbour, Sunrise Beach has a much more relaxed vibe. The beach is lined with beautiful golden sand, and the entire suburb is bordered by Noosa National Park. The area west of Sunrise Beach is a haven of wineries, markets offering fresh produce and lovely views of the water.
The suburb’s popularity is clearly reflected in its astonishing value growth. The house market has been recording price increases in the double digits since 2013, with the median value hovering around $800,000. These properties take a while to sell, however, at 90 days on the market. The weekly rent rate comes in at less than $550 on average, and landlords are able to reap good yields.