4 lessons from 4 commercial property deals
Rethink Investing’s Scott O’Neill looks back at his most recent commercial property deals and pinpoints valuable lessons investors can l...
The suburb’s capital gain of 7.22% for the past year is higher than average compared to its 31.16% growth within a five-year period.
Also in COORANBONG, the median home price is sitting at $564,000, and the average rent at $435, this suggests property owners could potentially earn a 4.01% increase in gross rental yield.
Property investors have seen a -2.76% drop in COORANBONG 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 5% growth over a ten-year period. It ranks 1538th on our list of suburbs that property investors should look into.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $564,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | -2.76% | N/A |
| Median 12 month | 7.22% | N/A |
| Median 3 years | 6.42% | N/A |
| Median 5 years | 31.16% | N/A |
| 10 years average annual | 5% | N/A |
| Weekly media advert. rent | $435 | N/A |
| Time on Market | 86.8 days | N/A |
| Gross Rental Yield Percent | 4.01% | N/A |
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One word: commercial. ...
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