If you compare the increase in value of investment property in Cooranbong, 2265 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 14.94%.
Taking the average capital gain, or increase in median house value, Cooranbong,2265 has racked up an average of 14.94% over the period. This ranks it number 1574th in the whole country for real estate investors looking at median house price increases.
Property investors looking for a bargain in Cooranbong should be aiming for at least -6.44% off the asking price, which is the average vendor discount being achieved at the moment.
A $387.5 per week rent on the median house gives suburb investors a gross yield of circa 4.03%, without taking into account capital value appreciation, which has been averaging out at 4.86%.