Cooktown

POSTAL CODE: QLD, 4895

HOUSE

Based on its average 5-year and quarterly capital gains, the suburb saw average growth in the long term.

The 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 $447,500.

The upward trend in home prices in COOKTOWN, 4895 averaged 9.29% per annum over a 3-year period.

Average weekly rents on listings have reached the N/A mark, reflecting a N/A increase in returns based on the current median price in COOKTOWN.

An average of 4.33 real estate transactions take place per month in COOKTOWN which translates to 52 per annum.

52 properties were sold in COOKTOWN in 2016, making it the 251st most active market in QLD based on total real estate transactions.

COOKTOWN, 4895 places 830th in Australia based on median property value growth during the quarter.

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Data report can be found below

Key Property Date Report	HOUSE	UNIT
Median Price	$447,500	N/A
Growth Report
Median Quarterly	-1.65%	N/A
Median 12 month	6.55%	N/A
Median 3 years	27.86%	N/A
Median 5 years	42.06%	N/A
10 years average annual	4.21%	N/A
Weekly media advert. rent	N/A	N/A
Time on Market	165.6 days	N/A
Gross Rental Yield Percent	0%	N/A

Demographics (Median Values)*

Total Population 2094

Weekly Household Income 651.5

Household Size 2.20

Average Age 42

Monthly Loan Repayment 900

* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.

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