PROPERTY SHOWCASE: How To Be The Boss Of Your Own Property Investment Journey
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The suburb’s capital gain of 9.36% for the past year is higher than average compared to its 0.61% growth within a five-year period.
Also in COOGEE, the median home price is sitting at $578,500, and the average rent at $500, this suggests property owners could potentially earn a 4.49% increase in gross rental yield.
Property investors have seen a 5.18% 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 2.68% growth over a ten-year period. It ranks 3167th on our list of suburbs that property investors should look into.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||9.36%||N/A|
|Median 3 years||12.33%||N/A|
|Median 5 years||0.61%||N/A|
|10 years average annual||2.68%||N/A|
|Weekly media advert. rent||$500||N/A|
|Time on Market||35.4 days||N/A|
|Gross Rental Yield Percent||4.49%||N/A|