Cooroibah

POSTAL CODE: QLD, 4565

HOUSE

COOROIBAH ranks 927th in QLD when it comes to estimated capital gains experienced by property investors over the past three years.

The suburb’s capital gain of 0.85% for the past year is lower than average compared to its 96.95% growth within a five-year period.

Also in COOROIBAH, the median home price is sitting at $1,485,000, and the average rent at $990, this suggests property owners could potentially earn a 3.47% increase in gross rental yield.

Property investors have seen a -0.83% 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 11.4% growth over a ten-year period. It ranks 4078th on our list of suburbs that property investors should look into.

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Data report can be found below

Key Property Date Report	HOUSE	UNIT
Median Price	$1,485,000	N/A
Growth Report
Median Quarterly	-0.83%	N/A
Median 12 month	0.85%	N/A
Median 3 years	12.08%	N/A
Median 5 years	96.95%	N/A
10 years average annual	11.4%	N/A
Weekly media advert. rent	$990	N/A
Time on Market	118.8 days	N/A
Gross Rental Yield Percent	3.47%	N/A

Demographics (Median Values)*

Total Population 1827

Weekly Household Income 919.4

Household Size 2.90

Average Age 39

Monthly Loan Repayment 1300

* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.

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