Falling loan deferrals prove market recovery: REIA
The reduction in loan deferral defies doom and gloom forecasts in the property market, the Real Estate Industry of Australia has said. ...
Property investors have seen a 1.61% gain in COOLOOLA COVE based on an increase in median home prices for the past three months.
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 $315,000
Profits averaged 3.13% 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 $325 based on current median home prices for the suburb.
The gross rental yield in COOLOOLA COVE, 4580 is 5.37%.
An average of 7.75 real estate transactions take place per month in COOLOOLA COVE which translates to 93 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $315,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 1.61% | N/A |
| Median 12 month | 5% | N/A |
| Median 3 years | 9.38% | N/A |
| Median 5 years | 12.5% | N/A |
| 10 years average annual | 0.68% | N/A |
| Weekly media advert. rent | $325 | N/A |
| Time on Market | 124.4 days | N/A |
| Gross Rental Yield Percent | 5.37% | N/A |
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