The suburb’s capital gain of 0.88% for the past year is lower than average compared to its 14.34% growth within a five-year period.
Also in COOROIBAH, the median home price is sitting at $570,000, and the average rent at $565, this suggests property owners could potentially earn a 5.15% increase in gross rental yield.
Property investors have seen a -5% drop in COOROIBAH based on a decrease in median home prices for the past three months.
A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 2.78% growth over a ten-year period. It ranks 2789th on our list of suburbs that property investors should look into.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||0.88%||N/A|
|Median 3 years||11.76%||N/A|
|Median 5 years||14.34%||N/A|
|10 years average annual||2.78%||N/A|
|Weekly media advert. rent||$565||N/A|
|Time on Market||101.8 days||N/A|
|Gross Rental Yield Percent||5.15%||N/A|