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Mount Coolum

Suburb Profile

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

house
unit

Property investments in MOUNT COOLUM did not fare well against the rest of the country last year, registering a median home price decrease of 5.04%.

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 $500 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 84.3 days.

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

Property investors perceived the median home price rise to $625,000.

MOUNT COOLUM ranks 582nd on the list of best yielding suburbs for rental properties in QLD, posting a 4.16% return.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $625,000 $394,000
GROWTH REPORT
Median Quarterly 3.91% -1.5%
Median 12 month 5.04% -5.17%
Median 3 years 10.62% -1.5%
Median 5 years 31.86% 23.13%
10 years average annual 3.16% 2.15%
Weekly media advert. rent $500 $400
Time on Market 84.3 days 75.9 days
Gross Rental Yield Percent 4.16% 5.28%
demographics (median values)
Total Population
3174
Weekly Household Income
903.7
Household Size
2.40
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