With a capital gain of 3.03% for the last 12 months, Tin Can Bay, 4580 has performed for property investments than its average annual 1.52% 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 Tin Can Bay has increased when compared to the 5 year average annual rate.
LACK OF BUYER INTEREST may well be the reason that Tin Can Bay is offering property investors an average of -7.01. This rate of discount on properties puts Suburb at number 185th in terms of most discounted suburbs in QLD
With the median price for a house in Tin Can Bay being $340000 and the advertised rent reaching $300 the gross rental yield for property investors calculates out to be 4.59%