What the NSW election result means for property investors
NSW Premier Gladys Berejiklian is set to remain in power for another term, so what does that mean for property investment in NSW? ...
Property investors enjoyed capital gains of 5.38% over the last 12 months in CORONET BAY, translating to lower returns compared with its peers in VIC.
A survey of average capital gains or median home price increase in suburbs across the country shows that the VIC suburb obtained a 5.24% growth over a ten-year period. It ranks 1604th on our list of suburbs that property investors should look into.
CORONET BAY, 3984 has a capital gain of 5.38% for the past year, which is lower than average compared to its 38.1% growth within a five-year period.
With the median home price in CORONET BAY sitting at $342,500, and the average rent at $295, property owners could potentially earn a 4.48% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in CORONET BAY are low, as opposed to average gains per annum over the past five years.
CORONET BAY, 3984 in VIC belongs to the local government area of Bass Coast (S).
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $342,500 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | -0.72% | N/A |
| Median 12 month | 5.38% | N/A |
| Median 3 years | 42.71% | N/A |
| Median 5 years | 38.1% | N/A |
| 10 years average annual | 5.24% | N/A |
| Weekly media advert. rent | $295 | N/A |
| Time on Market | 65.7 days | N/A |
| Gross Rental Yield Percent | 4.48% | N/A |
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