Property investors have seen a -1.9% 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 $387,500
Profits averaged 0.66% 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 $370 based on current median home prices for the suburb.
The gross rental yield in CORAL COVE, 4670 is 4.97%.
An average of 3.5 real estate transactions take place per month in CORAL COVE which translates to 42 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||-1.9%||-6.27%|
|Median 3 years||1.97%||7.7%|
|Median 5 years||-6.63%||N/A|
|10 years average annual||-0.04%||2.2%|
|Weekly media advert. rent||$370||$350|
|Time on Market||123.7 days||152.5 days|
|Gross Rental Yield Percent||4.97%||6.76%|