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CooranbongCooranbong - SUBURB PROFILE REPORT
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The suburb’s capital gain of 5.38% for the past year is higher than average compared to its 25.3% growth within a five-year period.
Also in COORANBONG, the median home price is sitting at $616,500, and the average rent at $500, this suggests property owners could potentially earn a 4.22% increase in gross rental yield.
Property investors have seen a 3.61% 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 5.78% growth over a ten-year period. It ranks 1663rd on our list of suburbs that property investors should look into.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $616,500 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 3.61% | N/A |
| Median 12 month | 5.38% | N/A |
| Median 3 years | 14.17% | N/A |
| Median 5 years | 25.3% | N/A |
| 10 years average annual | 5.78% | N/A |
| Weekly media advert. rent | $500 | N/A |
| Time on Market | 66.8 days | N/A |
| Gross Rental Yield Percent | 4.22% | N/A |
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