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Cooloola CoveCooloola Cove - SUBURB PROFILE REPORT
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Property investors have seen a 7.14% 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 31.39%.
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 $450,000
Profits averaged 16.67% 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 $400 based on current median home prices for the suburb.
The gross rental yield in COOLOOLA COVE, 4580 is 4.62%.
An average of 12.67 real estate transactions take place per month in COOLOOLA COVE which translates to 152 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $450,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 7.14% | N/A |
| Median 12 month | 31.39% | N/A |
| Median 3 years | 50% | N/A |
| Median 5 years | 62.16% | N/A |
| 10 years average annual | 4.79% | N/A |
| Weekly media advert. rent | $400 | N/A |
| Time on Market | 40.4 days | N/A |
| Gross Rental Yield Percent | 4.62% | N/A |
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