Safety Beach is in the bottom 30% in VIC when comparing median price capital growth over the last year. Safety Beach gave property investors a disappointing capital gain figure when compared to the rest of the state, with -2.11%.
Comparing Safety Beach,3936 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Safety Beach3936 is located in VIC which offers an average discount of -6.51% to property investors. Safety Beach itself is showing figures that indicate -8.40% is the average achievable by property buyers investing in the suburb.
Residents and property investors in Safety Beach have been waiting around 80.1471 days to sell a property.
Using the current median advertised rental of $500 and the average annual increase in value of a median property of 6.87%, investors should hope to achieve an overall return of 3.21%
Investment property in Safety Beach has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 25.45%
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Safety Beach has increased when compared to the 5 year average annual rate.
The most recent median price for Safety Beach is $690000, with sellers offering an average of -6.78% off the asking price.
With the median price for a house in Safety Beach being $690000 and the advertised rent reaching $470 the gross rental yield for property investors calculates out to be 3.54%