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AREA REPORTS

Coral Cove

Suburb Profile

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

house
unit

Property investors have seen a -2.05% 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 $382,000

Profits averaged -2.52% per annum over a 3-year period, due to an downward trend in home prices in CORAL COVE, 4670.

This means, real estate investors could earn a rental income of $400 based on current median home prices for the suburb.

The gross rental yield in CORAL COVE, 4670 is 5.45%.

An average of 4.25 real estate transactions take place per month in CORAL COVE which translates to 51 per annum.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $382,000 $115,000
GROWTH REPORT
Median Quarterly -2.05% 0%
Median 12 month 4.66% N/A
Median 3 years -7.56% N/A
Median 5 years -3.29% -62.6%
10 years average annual -0.96% 6.64%
Weekly media advert. rent $400 N/A
Time on Market 80.3 days 0.0 days
Gross Rental Yield Percent 5.45% N/A
demographics (median values)
Total Population
765
Weekly Household Income
1160
Household Size
2.80
demographics
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