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Property investors have seen a -0.37% drop in CORAL COVE based on a decrease in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains CORAL COVE, 4670 saw average decrease 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 $404,000
Profits averaged 4.07% per annum over a 3-year period, due to an upward trend in home prices in CORAL COVE, 4670.
This means, real estate investors could earn a rental income of $365 based on current median home prices for the suburb.
The gross rental yield in CORAL COVE, 4670 is 4.7%.
An average of 4 real estate transactions take place per month in CORAL COVE which translates to 48 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||3.59%||N/A|
|Median 3 years||12.22%||-65.31%|
|Median 5 years||-5%||-66.67%|
|10 years average annual||-0.54%||-0.35%|
|Weekly media advert. rent||$365||N/A|
|Time on Market||55.5 days||0.0 days|
|Gross Rental Yield Percent||4.7%||N/A|