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AREA REPORTS

Coral Cove

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

house
unit

Property investors have seen a -0.37% 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 $404,000

Profits averaged 4.07% 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 $365 based on current median home prices for the suburb.

The gross rental yield in CORAL COVE, 4670 is 4.7%.

An average of 4 real estate transactions take place per month in CORAL COVE which translates to 48 per annum.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $404,000 $85,000
GROWTH REPORT
Median Quarterly -0.37% 1.8%
Median 12 month 3.59% N/A
Median 3 years 12.22% -65.31%
Median 5 years -5% -66.67%
10 years average annual -0.54% -0.35%
Weekly media advert. rent $365 N/A
Time on Market 55.5 days 0.0 days
Gross Rental Yield Percent 4.7% N/A
demographics (median values)
Total Population
765
Weekly Household Income
1160
Household Size
2.80
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