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The suburb’s capital gain of -13.04% for the past year is lower than average compared to its -17.65% growth within a five-year period.
Also in COOGEE, the median home price is sitting at $700,000, and the average rent at $485, this suggests property owners could potentially earn a 3.6% increase in gross rental yield.
Property investors have seen a -5.98% drop in COOGEE based on a decrease 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 -0.14% decrease over a ten-year period. It ranks 4160th on our list of suburbs that property investors should look into.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $700,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | -5.98% | N/A |
| Median 12 month | -13.04% | N/A |
| Median 3 years | -6.67% | N/A |
| Median 5 years | -17.65% | N/A |
| 10 years average annual | -0.14% | N/A |
| Weekly media advert. rent | $485 | N/A |
| Time on Market | 101.8 days | N/A |
| Gross Rental Yield Percent | 3.6% | N/A |
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