The suburb’s capital gain of 3.08% for the past year is lower than average compared to its 45.52% growth within a five-year period.
Also in COORANBONG, the median home price is sitting at $525,700, and the average rent at $420, this suggests property owners could potentially earn a 4.15% increase in gross rental yield.
Property investors have seen a 0.13% 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 4.82% growth over a ten-year period. It ranks 1639th on our list of suburbs that property investors should look into.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||3.08%||N/A|
|Median 3 years||33.09%||N/A|
|Median 5 years||45.52%||N/A|
|10 years average annual||4.82%||N/A|
|Weekly media advert. rent||$420||N/A|
|Time on Market||61.6 days||N/A|
|Gross Rental Yield Percent||4.15%||N/A|