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 Price | $393,750 | $269,250 |
| GROWTH REPORT | ||
| Median Quarterly | -5.69% | -2.53% |
| 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% |
If Apra think they are going to lower...
Hopefully this will increase the value...
Great post! I must appreciate that you...