Suburb Profile
Coral Cove - FREE SUBURB PROFILE REPORT POSTAL CODE: QLD,4670
Property investors have seen a -3.21% 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 $377,500
Profits averaged -1.07% per annum over a 3-year period, due to an downward trend in home prices in CORAL COVE, 4670.
This means, real estate investors could earn a rental income of $390 based on current median home prices for the suburb.
The gross rental yield in CORAL COVE, 4670 is 5.37%.
An average of 2.67 real estate transactions take place per month in CORAL COVE which translates to 32 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $377,500 | $270,500 |
| GROWTH REPORT | ||
| Median Quarterly | -3.21% | -5.42% |
| Median 12 month | -11.18% | -1.64% |
| Median 3 years | -3.21% | -8.31% |
| Median 5 years | -1.11% | N/A |
| 10 years average annual | -0.97% | 1.23% |
| Weekly media advert. rent | $390 | $380 |
| Time on Market | 104.7 days | 0.0 days |
| Gross Rental Yield Percent | 5.37% | 7.3% |
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great article Cate Bakos!
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