Property investors have seen a -5.69% 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 $393,750
Profits averaged 1.67% 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 $360 based on current median home prices for the suburb.
The gross rental yield in CORAL COVE, 4670 is 4.75%.
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 12 month||-9.06%||-6.51%|
|Median 3 years||5%||3.56%|
|Median 5 years||-5.12%||N/A|
|10 years average annual||-0.9%||1.35%|
|Weekly media advert. rent||$360||$340|
|Time on Market||109.3 days||158.8 days|
|Gross Rental Yield Percent||4.75%||6.57%|