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Cooee Bay

Suburb Profile

Cooee Bay - FREE SUBURB PROFILE REPORT
POSTAL CODE: QLD,4703

house
unit

COOEE BAY, 4703 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 $355,000.

Profits due to an upward trend in home prices in the suburb averaged 9.31% per annum over a 3-year period.

COOEE BAY now ranks at the 562nd place on a list of fastest growing suburbs in the territory.

Figures from the previous quarter show that capital gains for real estate buyers in COOEE BAY are low, as opposed to average gains per annum over the past five years.

Because of this real estate investors could earn a rental income of $350 based on current median home prices.

Regardless, it is expected for properties to spend some time on the market prior to a successful sale. In COOEE BAY, homes and units usually stay on listing for an average of 42.6 days.

In 2016, 25 properties were sold in COOEE BAY during the past year, making it the 459th most active market in QLD based on total real estate transactions.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $355,000 $181,250
GROWTH REPORT
Median Quarterly -0.56% 4.17%
Median 12 month -1.93% N/A
Median 3 years 27.93% N/A
Median 5 years -2.74% N/A
10 years average annual -0.3% N/A
Weekly media advert. rent $350 $300
Time on Market 42.6 days 0.0 days
Gross Rental Yield Percent 5.13% 8.61%
demographics (median values)
Total Population
1270
Weekly Household Income
814.2
Household Size
2.30
demographics
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