JUST MOMENTS FROM THE BEACH
AND AN EASY DRIVE TO MELBOURNE CBD, THESE PROPERTIES OFFER EVERYTHING YOU COULD WISH FOR.
The housing market has shown some extraordinary changes over the past twenty five years, with conditions moving through five distinct growth cycles which have pushed national median house values 412% higher.
Over the same period, the ASX All Ordinaries index has risen by a substantially lower 261%.
Source: https://www.aussie.com.au/home-loans/property-reports/25years.html
SAFETY BEACH ranks 162nd in VIC when it comes to estimated capital gains experienced by property investors over the past three years.
The suburb’s capital gain of 9.42% for the past year is lower than average compared to its 66.01% growth within a five-year period.
Safety Beach median home price is sitting at $842,500, and the average rent at $502.5, this suggests property owners could potentially earn a 3.1% increase in gross rental yield.
Property investors have seen a -0.88% drop in SAFETY BEACH based on a decrease in median home prices for the past three months.
A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 7.09% growth over a ten-year period.
Source: https://www.smartpropertyinvestment.com.au/data/vic/3936/safety-beach
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