Property investors have seen a -4.76% drop in COOLOOLA COVE based on a decrease 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 $300,000
Profits averaged 3.03% 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 $280 based on current median home prices for the suburb.
The gross rental yield in COOLOOLA COVE, 4580 is 4.85%.
An average of 6.92 real estate transactions take place per month in COOLOOLA COVE which translates to 83 per annum.
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