How property investors can avoid costing themselves thousands
Ahead of the 31 October deadline for lodging tax returns, property investors are being warned to not leave thousands of dollars in the ...
Based on its average 5-year and quarterly capital gains COOMERA, 4209 saw average growth in the long term.
A survey of average capital gains or median home price increase in suburbs across the country shows that COOMERA, 4209 obtained a 2.7% growth over a ten-year period. It ranks 2483rd on our list of suburbs that property investors should look into.
COOMERA, 4209 in QLD belongs to the local government area of Gold Coast (C).
COOMERA, 4209 has a capital gain of -4.98% for the past year, which is lower than average compared to its 20.46% growth within a five-year period.
With the median home price in COOMERA sitting at $515,000, and the average rent at $460, property owners could potentially earn a 4.64% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in COOMERA are low, as opposed to average gains per annum over the past five years.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $515,000 | $290,000 |
| GROWTH REPORT | ||
| Median Quarterly | 3% | 1.75% |
| Median 12 month | -4.98% | 0% |
| Median 3 years | 4.67% | -18.42% |
| Median 5 years | 20.46% | -17% |
| 10 years average annual | 2.7% | -0.8% |
| Weekly media advert. rent | $460 | $380 |
| Time on Market | 94.5 days | 87.5 days |
| Gross Rental Yield Percent | 4.64% | 6.81% |
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