Cornubia has had a A very good year for property investment returns compared to the rest of QLD, giving investors a capital gain of 8.62% to date .
The five-year average increase in median property values for Cornubia,4130 has given property investors a potential capital gain of 26.78% across each of those five years.
State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.31% offered to property buyers. Sellers in Cornubia itself are offering an average vendor discount of -4.92% to real estate investors.
Often selling an investment property can take time, and in Cornubia the average time real estate has been on the market is 89 days.
With a capital gain of -14.62% for the last 12 months, Cornubia, 4130 has performed for property investments than its average annual 6.98% property growth over the last 5 years.
Across a shorter period, Cornubia, 4130 has seen a median price increase of 11.86% over the last quarter.
At number 2nd of QLD’s most discounted properties, Cornubia is in the bottom 10% of the state/territory when listing in order of most discounted to least.
At number 1357 in a list of fastest selling suburbs, Cornubia is in the bottom 10% of suburbs in Australia with an average of days on market 127.17 for properties listed there.