Rental listings fall to 8-year low
Rental listings in Perth have dropped to an eight-year low as consumers swoop in on empty stock, new research has revealed. ...
The suburb’s capital gain of 7.45% for the past year is lower than average compared to its 42.38% growth within a five-year period.
Also in COORANBONG, the median home price is sitting at $569,500, and the average rent at $425, this suggests property owners could potentially earn a 3.88% increase in gross rental yield.
Property investors have seen a 1.7% 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 5.61% growth over a ten-year period. It ranks 1239th on our list of suburbs that property investors should look into.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $569,500 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 1.7% | N/A |
| Median 12 month | 7.45% | N/A |
| Median 3 years | 8.48% | N/A |
| Median 5 years | 42.38% | N/A |
| 10 years average annual | 5.61% | N/A |
| Weekly media advert. rent | $425 | N/A |
| Time on Market | 104.7 days | N/A |
| Gross Rental Yield Percent | 3.88% | N/A |
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