The suburb’s capital gain of 8.33% for the past year is lower than average compared to its 42.76% growth within a five-year period.
Also in COORANBONG, the median home price is sitting at $520,000, and the average rent at $412.5, this suggests property owners could potentially earn a 4.13% increase in gross rental yield.
Property investors have seen a 1.96% gain in COORANBONG based on an increase 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 4.79% growth over a ten-year period. It ranks 1681st on our list of suburbs that property investors should look into.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $520,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 1.96% | N/A |
| Median 12 month | 8.33% | N/A |
| Median 3 years | 31.65% | N/A |
| Median 5 years | 42.76% | N/A |
| 10 years average annual | 4.79% | N/A |
| Weekly media advert. rent | $412.5 | N/A |
| Time on Market | 81.1 days | N/A |
| Gross Rental Yield Percent | 4.13% | N/A |
If Apra think they are going to lower...
Hopefully this will increase the value...
Great post! I must appreciate that you...