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Coral CoveCoral Cove - SUBURB PROFILE REPORT
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Property investors have seen a 4.43% gain in CORAL COVE based on an increase in median home prices for the past three months.
Homeowners and real estate investors betting on CORAL COVE, 4670 can rest assured about this QLD suburb's performance. The suburb saw median home prices rise by 26.04%.
Based on its average 5-year and quarterly capital gains CORAL COVE, 4670 saw average growth 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 $530,000
Profits averaged 15.07% 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 $480 based on current median home prices for the suburb.
The gross rental yield in CORAL COVE, 4670 is 4.71%.
An average of 4.58 real estate transactions take place per month in CORAL COVE which translates to 55 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $530,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 4.43% | N/A |
| Median 12 month | 26.04% | N/A |
| Median 3 years | 45.21% | N/A |
| Median 5 years | 27.71% | N/A |
| 10 years average annual | 2.96% | N/A |
| Weekly media advert. rent | $480 | N/A |
| Time on Market | 43.7 days | N/A |
| Gross Rental Yield Percent | 4.71% | N/A |
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