New home sales reach two-decade high
Home sales have soared for the month of December, doubling compared with the number of sales recorded in November, new research has reveale...
COCONUT GROVE, 810 delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $230,000.
Profits due to an downward trend in home prices in COCONUT GROVE, 810 averaged -12.61% per annum over a 3-year period.
Home owners selling their properties and realtors in COCONUT GROVE usually have to wait an average of 101.6 days days before their assets are lifted off the market.
Average weekly rents on listings have reached the $330 mark, reflecting a 7.46% increase in returns based on the current median price in COCONUT GROVE.
COCONUT GROVE, 810 places 9th in Australia based on median property value growth during the quarter.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | N/A | $230,000 |
| GROWTH REPORT | ||
| Median Quarterly | N/A | 1.55% |
| Median 12 month | N/A | -7.82% |
| Median 3 years | N/A | -37.84% |
| Median 5 years | N/A | -42.28% |
| 10 years average annual | N/A | -4.53% |
| Weekly media advert. rent | N/A | $330 |
| Time on Market | N/A | 101.6 days |
| Gross Rental Yield Percent | N/A | 7.46% |
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