Powered by MOMENTUM MEDIA
smart property investment logo
Coolangatta
AREA REPORTS

Coolangatta

Coolangatta - SUBURB PROFILE REPORT
POSTAL CODE: QLD, 4225

house
unit

Property investments in COOLANGATTA fare well against the rest of the country last year, registering a median home price increase of 57.07%.

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 $725 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 38.9 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 $1,500,000.

COOLANGATTA ranks 711th on the list of best yielding suburbs for rental properties in QLD, posting a 2.51% return.

Data report can be found below

Coolangatta
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $1,500,000 $775,000
GROWTH REPORT
Median Quarterly 11.11% 6.16%
Median 12 month 57.07% 25.39%
Median 3 years 91.08% 23.9%
Median 5 years 105.48% 63.16%
10 years average annual 12.46% 5.26%
Weekly media advert. rent $725 $492.5
Time on Market 38.9 days 42.1 days
Gross Rental Yield Percent 2.51% 3.3%
demographics (median values)*
Total Population
4871
Weekly Household Income
690.8
Household Size
1.90
Age
48
Monthly Loan Repayment
1470
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
select a category
Age group
Top 10 Birth Countries
Dwelling Structures
Education
Household Income
Labour Force
Marital Status
Occupation
Religious Affiliation
Tenure Type

Get the latest news & updates

Join a community of over 100,000 property investors.

Check this box to receive podcast updates

Related Articles


Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.