Property value increases in Bluewater have tracked higher than the QLD average of 0.88% over the last 12 months.
When looking at the potential capital gains offered to property investors over the last 3 years, Bluewater comes in at number 710th in QLD.
LACK OF BUYER INTEREST may well be the reason that Bluewater is offering property investors an average of -7.03. This rate of discount on properties puts Suburb at number 89th in terms of most discounted suburbs in QLD
A $380 per week rent on the median house gives suburb investors a gross yield of circa 5.49%, without taking into account capital value appreciation, which has been averaging out at 0.17%.
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Bluewater, QLD – A coastal paradise for families
Median house price: $360,000
Three-year growth: -4%
Rental yield: 5%
With an envious location right on the shore of the Coral Sea, the small suburb of Bluewater attracts residents and visitors who enjoy being near the water.
Bluewater Beach is right on its doorstep, and Bluewater Park is a well-known campsite for holidaymakers. There is a boat ramp facility as well. The Urban Forest and Fitness Trail is the perfect place to go for a run.
Bluewater State School is conveniently located for families with children, and there is a Scout hall as well as a training and camping centre for Girl Guides.