If you compare the increase in value of investment property in Cornubia, 4130 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this QLD suburb was -0.88%.
Over the longer term, Cornubia has seen property prices show investors a 16.30% return over the last 3 years. This is worse than over the last 12 months
Cornubia4130 is located in QLD which offers an average discount of -7.23% to property investors. Cornubia itself is showing figures that indicate -4.93% is the average achievable by property buyers investing in the suburb.
At number 2289 in a list of fastest selling suburbs, Cornubia is in the bottom 40% of suburbs in Australia with an average of days on market 90.48 for properties listed there.
With the median price for a house in Cornubia being $560000 and the advertised rent reaching $495 the gross rental yield for property investors calculates out to be 4.60%
Property value increases in Cornubia have tracked lower than the QLD average of 1.23% over the last 12 months.
Over the longer term, Cornubia has seen property prices show investors a -30.99% return over the last 3 years. This is the same as over the last 12 months
The most recent median price for Cornubia is $295000, with sellers offering an average of -10.59% off the asking price.