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Coral CoveCoral Cove - SUBURB PROFILE REPORT
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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 Price | $404,000 | $85,000 |
| GROWTH REPORT | ||
| Median Quarterly | -0.37% | 1.8% |
| 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 |
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