Property investors who have had real estate in Cornubia, 4130 should be unhappy with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -6.49%
Comparing Cornubia,4130 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
At number 660th of QLD’s most discounted properties, Cornubia is in the TOP 20% of the state/territory when listing in order of most discounted to least.
Cornubia, 4130’s gross rental yield is 4.83%
Property value increases in Cornubia have tracked lower than the QLD average of 1.47% over the last 12 months.
Over the longer term, Cornubia has seen property prices show investors a -17.31% return over the last 3 years. This is an improvement over the last 12 months
State is the 4th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.70% offered to property buyers. Sellers in Cornubia itself are offering an average vendor discount of -11.39% to real estate investors.
On average over the past year, suburb has had 2.67 sales per month, which equates to 32 per year.