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 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|