With a capital gain of 9.94% for the last 12 months, Rainbow Beach, 4581 has performed for property investments than its average annual 0.05% 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 Rainbow Beach has increased when compared to the 5 year average annual rate.
Our latest figures would indicate that property sellers in Rainbow Beach are currently offering property investors an average price cut of -7.29% below the asking price at the moment.
At number 2969 in a list of fastest selling suburbs, Rainbow Beach is in the bottom 30% of suburbs in Australia with an average of days on market 105 for properties listed there.
Rainbow Beach is in the TOP 10% in QLD when comparing median price capital growth over the last year. Rainbow Beach gave property investors a very good capital gain figure when compared to the rest of the state, with 46.29%.
When looking at the potential capital gains offered to property investors over the last 3 years, Rainbow Beach comes in at number 359th in QLD.
Rainbow Beach, 4581’s gross rental yield is 4.23%