Over the last year, property investments in St Andrews Beach, 3941 have given investors a capital gain of 11.43%. This compares very favourably with the 2.87% for VIC as a whole.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in St Andrews Beach has increased when compared to the 5 year average annual rate.
Often selling an investment property can take time, and in St Andrews Beach the average time real estate has been on the market is 107.545 days.
A $435 per week rent on the median house gives suburb investors a gross yield of circa 2.32%, without taking into account capital value appreciation, which has been averaging out at 8.22%.