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Coolangatta
AREA REPORTS

Coolangatta

Coolangatta - SUBURB PROFILE REPORT
POSTAL CODE: QLD, 4225

house
unit

Property investments in COOLANGATTA did not fare well against the rest of the country last year, registering a median home price decrease of 13.43%.

Figures from the previous quarter show that capital gains for real estate buyers in the territory are low, 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 $600 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 65.1 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 $992,500.

COOLANGATTA ranks 720th on the list of best yielding suburbs for rental properties in QLD, posting a 3.14% return.

Data report can be found below

Coolangatta
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $992,500 $615,000
GROWTH REPORT
Median Quarterly 2.32% 0%
Median 12 month 13.43% 0.63%
Median 3 years 25.39% 19.42%
Median 5 years 32.33% 33.7%
10 years average annual 5.08% 3.12%
Weekly media advert. rent $600 $430
Time on Market 65.1 days 68.6 days
Gross Rental Yield Percent 3.14% 3.64%
demographics (median values)
Total Population
4871
Weekly Household Income
690.8
Household Size
1.90
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