If you compare the increase in value of investment property in Cornubia, 4130 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this QLD suburb was 5.98%.
While Cornubia,4130 ranked number 474th in QLD for increase in median house value (annualised) increase, it is ranked 269th over the last 5 years.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Cornubia, 4130. Typically our figures indicate that -4.91% is being offered, which puts this QLD suburb at 2517th most discounted overall in Australia.
In the last year 138 properties changed hands in Cornubia, which puts it as the 135th most active market in QLD when comparing the number of sales per suburb.
Property investors should expect to get $490 weekly from the median priced house in this suburb.
At number 133th in the list of Australian suburbs ordered by increase in median house value over the last year, Cornubia, 4130 is in the top 10% with a property value increase of 20.61% recorded in median house prices.
Across a shorter period, Cornubia, 4130 has seen a median price increase of 7.49% over the last quarter.
Property investors looking for a bargain in Cornubia should be aiming for at least -14.33% off the asking price, which is the average vendor discount being achieved at the moment.
At number 1420 in a list of fastest selling suburbs, Cornubia is in the bottom 10% of suburbs in Australia with an average of days on market 143.29 for properties listed there.