Coolangatta

POSTAL CODE: QLD, 4225
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Property investments in COOLANGATTA fare well against the rest of the country last year, registering a median home price increase of 13.84%.

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 $740 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 68.2 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 $1,645,000.

COOLANGATTA ranks 710th on the list of best yielding suburbs for rental properties in QLD, posting a 2.34% return.

Surburb overview

Coolangatta, situated at the southernmost tip of Queensland’s Gold Coast, is approximately 109 kilometres south of the Brisbane CBD, with a driving time of around 1 hour and 10 minutes.

According to the 2021 Census, Coolangatta had a population of 6,491 residents. The median age was 50 years, indicating a mature demographic. Approximately 67.6% of the population was born in Australia, with notable communities from New Zealand (4.3%) and England (4.0%). English was the predominant language spoken at home.

Public transportation in Coolangatta includes several bus routes, notably the 700 and 760 lines, which connect the suburb to other parts of the Gold Coast. The nearest bus station stands on McLean Street, near Queen Elizabeth Park.

Essential establishments in Coolangatta encompass a range of amenities. The Strand at Coolangatta is a central shopping hub featuring a range of retail stores and dining options. The suburb also hosts the Coolangatta Transit Centre, providing bus and coach services to broader regions.

Recreational activities are abundant. Coolangatta Beach, Kirra Beach, and Snapper Rocks are renowned for their excellent swimming and surfing conditions. The area is also famous for its annual events, including the Cooly Rocks On Festival in June and the Coolangatta Gold surf lifesaving competition in October.

Coolangatta offers a blend of coastal living with accessible amenities and a variety of recreational opportunities, reflecting its unique position on the Queensland-New South Wales border.

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