$850 yearly savings won with small mortgage changes, ACCC finds
A report by the ACCC has found that the pricing of residential mortgages by the major banks is too opaque, making it too time consuming for ...
The suburb’s capital gain of 2.87% for the past year is higher than average compared to its 8.03% growth within a five-year period.
Also in COOGEE, the median home price is sitting at $807,500, and the average rent at $490, this suggests property owners could potentially earn a 3.16% increase in gross rental yield.
Property investors have seen a 0.31% gain in COOGEE based on an increase in median home prices for the past three months.
A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a -0.29% decrease over a ten-year period. It ranks 4143rd on our list of suburbs that property investors should look into.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $807,500 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 0.31% | N/A |
| Median 12 month | 2.87% | N/A |
| Median 3 years | -2.12% | N/A |
| Median 5 years | 8.03% | N/A |
| 10 years average annual | -0.29% | N/A |
| Weekly media advert. rent | $490 | N/A |
| Time on Market | 76.5 days | N/A |
| Gross Rental Yield Percent | 3.16% | N/A |
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