VIC has seen average median house prices change by -1.69% which means that Safety Beach, 3936 has not done well for property investors by showing a capital gain of -7.65% over the last year
Comparing Safety Beach,3936 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Property buyers and investors in Safety Beach 3936 should be seeing an average reduction in asking price of around -8.86% . This means that Safety Beach is holding prices well when compared to other suburbs in VIC.
The VIC suburb of Safety Beach, 3936 is in the Mornington Peninsula (S) local government area.
Safety Beach, 3936 ranked 158th in VIC when comparing growth in median property values or capital gain over the last 12 months. Safety Beach is one of 2099 in our list for VIC
Taking the average capital gain, or increase in median house value, Safety Beach,3936 has racked up an average of -0.15% over the period. This ranks it number 1st in the whole country for real estate investors looking at median house price increases.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Safety Beach, 3936. Typically our figures indicate that -7.81% is being offered, which puts this VIC suburb at 282th most discounted overall in Australia.
With the median price for a house in Safety Beach being $665000 and the advertised rent reaching $470 the gross rental yield for property investors calculates out to be 3.68%