Investment property in Peregian Beach has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 8.24%
While Peregian Beach,4573 ranked number 490th in QLD for increase in median house value (annualised) increase, it is ranked 88th over the last 5 years.
In the last year 115 properties changed hands in Peregian Beach, which puts it as the 194th most active market in QLD when comparing the number of sales per suburb.
With the median price for a house in Peregian Beach being $775000 and the advertised rent reaching $620 the gross rental yield for property investors calculates out to be 4.16%
QLD has seen average median house prices change by -0.09% which means that Peregian Beach, 4573 has not done well for property investors by showing a capital gain of 5.88% over the last year
Peregian Beach,4573 was ranked 261 in Australia by increase in median property value over the quarter.
A $550 per week rent on the median house gives suburb investors a gross yield of circa 6.36%, without taking into account capital value appreciation, which has been averaging out at 2.54%.