Property investors enjoyed capital gains of 2.29% over the last 12 months in COALFALLS, translating to lower returns compared with its peers in QLD.
The suburb posted a 23.39% growth in median prices over a three-year period. This is considerably higher than the gains it recorded over the past year.
This number can mean, real estate investors could earn a rental income of $300 based on current median home prices for the suburb.
On average, rents on listings have reached the $300 mark, reflecting a 4.66% increase in returns based on the current median price in COALFALLS.
COALFALLS, 4305 ranks 470th in QLD in terms of median property value increase and capital gains, based on year-to-date figures.
While it ranks 373rd on the list of best yielding suburbs for rental properties in QLD, posting a 4.66% return.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||2.29%||N/A|
|Median 3 years||23.39%||N/A|
|Median 5 years||28.85%||N/A|
|10 years average annual||2.23%||N/A|
|Weekly media advert. rent||$300||N/A|
|Time on Market||68.7 days||N/A|
|Gross Rental Yield Percent||4.66%||N/A|