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Mount Coolum
AREA REPORTS

Mount Coolum

Mount Coolum - SUBURB PROFILE REPORT
POSTAL CODE: QLD, 4573

house
unit

Property investments in MOUNT COOLUM fare well against the rest of the country last year, registering a median home price increase of 16.27%.

Figures from the previous quarter show that capital gains for real estate buyers in the territory are low, as opposed to average gains per annum over the past five years.

Based on its average 5-year and quarterly capital gains MOUNT COOLUM, 4573 saw average growth in the long term.

Real estate investors could earn a rental income of $530 based on current median home prices for the suburb.

It is expected, nonetheless, for properties to spend some time on the market prior to a successful sale. homes and units usually stay on listing for an average of 40.8 days.

Besides that, the Australian suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.

Property investors perceived the median home price rise to $732,500.

MOUNT COOLUM ranks 554th on the list of best yielding suburbs for rental properties in QLD, posting a 3.76% return.

Data report can be found below

Mount Coolum
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $732,500 $476,125
GROWTH REPORT
Median Quarterly -1.01% 2.39%
Median 12 month 16.27% 13.36%
Median 3 years 13.57% 20.54%
Median 5 years 24.15% 25.88%
10 years average annual 4.78% 3.78%
Weekly media advert. rent $530 $450
Time on Market 40.8 days 45.6 days
Gross Rental Yield Percent 3.76% 4.91%
demographics (median values)*
Total Population
3174
Weekly Household Income
903.7
Household Size
2.40
Age
36
Monthly Loan Repayment
1365
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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