The suburb’s capital gain of 3.98% for the past year is higher than average compared to its 11.2% growth within a five-year period.
Also in COOROIBAH, the median home price is sitting at $600,500, and the average rent at $565, this suggests property owners could potentially earn a 4.89% increase in gross rental yield.
Property investors have seen a 3.22% gain in COOROIBAH based on an increase 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 1.65% growth over a ten-year period. It ranks 3456th on our list of suburbs that property investors should look into.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||3.98%||N/A|
|Median 3 years||16.6%||N/A|
|Median 5 years||11.2%||N/A|
|10 years average annual||1.65%||N/A|
|Weekly media advert. rent||$565||N/A|
|Time on Market||117.3 days||N/A|
|Gross Rental Yield Percent||4.89%||N/A|