Powered by MOMENTUM MEDIA
AREA REPORTS

Mount Coolum

Suburb Profile

Mount Coolum - FREE 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 12.35%.

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 $515 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 82.7 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 $668,500.

MOUNT COOLUM ranks 562nd on the list of best yielding suburbs for rental properties in QLD, posting a 4.01% return.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $668,500 $435,000
GROWTH REPORT
Median Quarterly 5.76% 2.35%
Median 12 month 12.35% 5.01%
Median 3 years 21.66% 17.57%
Median 5 years 34.51% 22.54%
10 years average annual 3.89% 1.61%
Weekly media advert. rent $515 $400
Time on Market 82.7 days 62.6 days
Gross Rental Yield Percent 4.01% 4.78%
demographics (median values)
Total Population
3174
Weekly Household Income
903.7
Household Size
2.40
demographics
select a category
Age group
Top 10 Birth Countries
Dwelling Structures
Education
Household Income
Labour Force
Marital Status
Occupation
Religious Affiliation
Tenure Type

Subscribe to get the latest news and updates

Where Hobart house prices are heading, according to ANZ

In the ANZ’s latest report, Australian housing: a strong 2021, the bank’s economists forecast a buoyant year ahead for the Hobart housin...

Stamp duty for new homes

Stamp duty for new homes to be reduced by 50 per cent in Melbourne

The cost of stamp duty will be slashed by up to 50 per cent in Victoria under a new move announced in the state budget....

What type of tenancy agreement should I use?

Aside from the time frame, there are subtle differences between the three different types of tenancy agreements. ...

The best-performing markets in regional Australia

Tasmania has been revealed to be the home of the regional top performer for houses once more. Find out where the best- and worst-performing ...

$139 million committed to NSW cladding removal plan

The NSW government has announced a three-year program, called Project Remediate, to help remove combustible cladding on hundreds of the most...

More Aussies ‘in tears’ during house-hunting

New research has found that 9 out of 10 Australians find the process of house-hunting more frustrating than exciting, revealing the search f...

Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.