QLD/
Coolangatta

Suburb Profile

Coolangatta - FREE SUBURB PROFILE REPORT
POSTAL CODE: QLD,4225

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unit

Property investments in COOLANGATTA did not fare well against the rest of the country last year, registering a median home price decrease of 32.64%.

Figures from the previous quarter show that capital gains for real estate buyers in the territory are high, as opposed to average gains per annum over the past five years.

Based on its average 5-year and quarterly capital gains COOLANGATTA, 4225 saw average growth in the long term.

Real estate investors could earn a rental income of $540 based on current median home prices for the suburb.

It is expected, nonetheless, for properties to spend some time on the market prior to a successful sale. homes and units usually stay on listing for an average of 114.4 days.

Besides that, the Australian suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.

Property investors perceived the median home price rise to $955,000.

COOLANGATTA ranks 711th on the list of best yielding suburbs for rental properties in QLD, posting a 2.94% return.

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $955,000 $490,000
GROWTH REPORT
Median Quarterly 25.66% 3.16%
Median 12 month 32.64% 1.45%
Median 3 years 56.43% 20.99%
Median 5 years 50.39% 24.84%
10 years average annual 5.5% 0.99%
Weekly media advert. rent $540 $420
Time on Market 114.4 days 66.2 days
Gross Rental Yield Percent 2.94% 4.46%
demographics (median values)
Total Population
4871
Weekly Household Income
690.8
Household Size
1.90
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Coolangatta, QLD
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