Cooloola Cove

POSTAL CODE: QLD, 4580

HOUSE

Property investors have seen a 1.33% gain in COOLOOLA COVE based on an increase in median home prices for the past three months.

Homeowners and real estate investors betting on COOLOOLA COVE, 4580 can rest assured about this QLD suburb's performance. The suburb saw median home prices rise by 10.22%.

Based on its average 5-year and quarterly capital gains COOLOOLA COVE, 4580 saw average growth in the long term.

The QLD suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $760,000

Profits averaged 12% per annum over a 3-year period, due to an upward trend in home prices in COOLOOLA COVE, 4580.

This means, real estate investors could earn a rental income of $555 based on current median home prices for the suburb.

The gross rental yield in COOLOOLA COVE, 4580 is 3.8%.

An average of 8.17 real estate transactions take place per month in COOLOOLA COVE which translates to 98 per annum.

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Data report can be found below

Key Property Date Report	HOUSE	UNIT
Median Price	$760,000	N/A
Growth Report
Median Quarterly	1.33%	N/A
Median 12 month	10.22%	N/A
Median 3 years	36.94%	N/A
Median 5 years	92.41%	N/A
10 years average annual	10.76%	N/A
Weekly media advert. rent	$555	N/A
Time on Market	65.2 days	N/A
Gross Rental Yield Percent	3.8%	N/A

Demographics (Median Values)*

Total Population 1937

Weekly Household Income 554.2

Household Size 2.40

Average Age 49

Monthly Loan Repayment 729

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

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