Cooktown

POSTAL CODE: QLD, 4895

HOUSE

COOKTOWN, 4895 ranks 186th on the best performing suburbs in Australia in terms of capital gains, returning capital gains of 27.94% for property investors.

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 $435,000.

The upward trend in home prices in COOKTOWN, 4895 averaged 8.76% 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 3.75 real estate transactions take place per month in COOKTOWN which translates to 45 per annum.

45 properties were sold in COOKTOWN in 2016, making it the 303rd most active market in QLD based on total real estate transactions.

COOKTOWN, 4895 places 340th 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	$435,000	N/A
Growth Report
Median Quarterly	4.82%	N/A
Median 12 month	27.94%	N/A
Median 3 years	26.27%	N/A
Median 5 years	40.32%	N/A
10 years average annual	4.79%	N/A
Weekly media advert. rent	N/A	N/A
Time on Market	N/A	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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