QLD/
Coral cove

Suburb Profile

Coral Cove - FREE SUBURB PROFILE REPORT
POSTAL CODE: QLD,4670

house
unit

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 Price $387,500 $269,250
GROWTH REPORT
Median Quarterly -1.9% -2.53%
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%
demographics (median values)
Total Population
765
Weekly Household Income
1160
Household Size
2.80
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