The suburb’s capital gain of 42.14% for the past year is higher than average compared to its 60.48% growth within a five-year period.
This figures put the ATC suburb in the ranks of the best performing suburbs in Australia in terms of capital gains.
Property investors have seen a 14.11% gain in COLES BAY based on an increase in median home prices for the past three months.
They believe that homeowners and real estate investors betting on COLES BAY, 7215 can rest assured about this TAS suburb's performance. The suburb saw median home prices rise by 42.14%.
A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 9.14% growth over a ten-year period. It ranks 157th on our list of suburbs that property investors should look into.