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Cooloola Cove
AREA REPORTS

Cooloola Cove

Cooloola Cove - SUBURB PROFILE REPORT
POSTAL CODE: QLD, 4580

house

Property investors have seen a 5.11% 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 14.65%.

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 $360,000

Profits averaged 4.76% 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 $350 based on current median home prices for the suburb.

The gross rental yield in COOLOOLA COVE, 4580 is 5.06%.

An average of 11 real estate transactions take place per month in COOLOOLA COVE which translates to 132 per annum.

Data report can be found below

Cooloola Cove
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $360,000 N/A
GROWTH REPORT
Median Quarterly 5.11% N/A
Median 12 month 14.65% N/A
Median 3 years 14.29% N/A
Median 5 years 27.1% N/A
10 years average annual 2.17% N/A
Weekly media advert. rent $350 N/A
Time on Market 96.2 days N/A
Gross Rental Yield Percent 5.06% N/A
demographics (median values)*
Total Population
1937
Weekly Household Income
554.2
Household Size
2.40
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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