KOORALBYN, 4285 ranks 1058th on the best performing suburbs in Australia in terms of capital gains, returning capital gains of 16.26% for property investors.
Based on its average 5-year and quarterly capital gains, the suburb saw average growth in the long term.
The suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $840,000.
The upward trend in home prices in KOORALBYN, 4285 averaged 14.53% per annum over a 3-year period.
Average weekly rents on listings have reached the N/A mark, reflecting a N/A increase in returns based on the current median price in KOORALBYN.
An average of 3.92 real estate transactions take place per month in KOORALBYN which translates to 47 per annum.
47 properties were sold in KOORALBYN in 2016, making it the 289th most active market in QLD based on total real estate transactions.
KOORALBYN, 4285 places 360th in Australia based on median property value growth during the quarter.
The suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $365,000.
Average median unit prices in QLD have risen as a whole, pulling KOORALBYN, 4285 values up and netting property investors a capital gain of 29.43% for the past year.
Investors saw the median home price rise to $365,000.
The upward trend in home prices in KOORALBYN, 4285 averaged 19.8% per annum over a 3-year period.
KOORALBYN now ranks at the 147th place on a list of fastest growing suburbs in the territory.
Figures from the previous quarter show that capital gains for real estate buyers in KOORALBYN are low, as opposed to average gains per annum over the past five years.
Real estate investors could earn a rental income of N/A based on current median home prices for the suburb.
It is expected for properties to spend some time on the market prior to a successful sale. In KOORALBYN, homes and units usually stay on listing for an average of 72 days.
31 properties were sold in KOORALBYN in 2016, making it the 176th most active market in QLD based on total real estate transactions.