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Cooee
AREA REPORTS

Cooee

Cooee - SUBURB PROFILE REPORT
POSTAL CODE: TAS, 7320

house

COOEE, 7320 delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.

Average median house prices in TAS have risen as a whole, pulling COOEE, 7320 values up and netting property investors a capital gain of 48.28% for the past year.

Investors saw the median home price rise to $430,000.

Profits due to an upward trend in home prices in the suburb averaged 22.01% per annum over a 3-year period.

COOEE now ranks at the 137th 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 are low, as opposed to average gains per annum over the past five years.

Regardless, it is expected for properties to spend some time on the market prior to a successful sale. In COOEE, homes and units usually stay on listing for an average of 0.0 days.

In 2016, 11 properties were sold in COOEE during the past year, making it the 183rd most active market in TAS based on total real estate transactions.

Data report can be found below

Cooee
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $430,000 N/A
GROWTH REPORT
Median Quarterly 3.49% N/A
Median 12 month 48.28% N/A
Median 3 years 66.02% N/A
Median 5 years 82.98% N/A
10 years average annual 13.05% N/A
Weekly media advert. rent N/A N/A
Time on Market 0.0 days N/A
Gross Rental Yield Percent N/A N/A
demographics (median values)*
Total Population
16238
Weekly Household Income
964
Household Size
2.30
Age
40
Monthly Loan Repayment
1083
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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