Property investors have seen a 33.97% gain in COOBER PEDY based on an increase in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains COOBER PEDY, 5723 saw average growth in the long term.
The SA 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 $104,500
Profits averaged -3.69% per annum over a 3-year period, due to an downward trend in home prices in COOBER PEDY, 5723.
This means, real estate investors could earn a rental income of $170 based on current median home prices for the suburb.
The gross rental yield in COOBER PEDY, 5723 is 8.46%.
An average of 2.33 real estate transactions take place per month in COOBER PEDY which translates to 28 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||N/A||N/A|
|Median 3 years||-11.06%||N/A|
|Median 5 years||-5%||N/A|
|10 years average annual||12.55%||N/A|
|Weekly media advert. rent||$170||N/A|
|Time on Market||173.6 days||N/A|
|Gross Rental Yield Percent||8.46%||N/A|