With a capital gain of 8.26% for the last 12 months, Cornubia, 4130 has performed for property investments than its average annual 3.95% property growth over the last 5 years.
Over the longer term, Cornubia has seen property prices show investors a 20.59% return over the last 3 years. This is worse than over the last 12 months
Property buyers and investors in Cornubia 4130 should be seeing an average reduction in asking price of around -4.96% . This means that Cornubia is holding prices well when compared to other suburbs in QLD.
With the median price for a house in Cornubia being $577000 and the advertised rent reaching $500 the gross rental yield for property investors calculates out to be 4.51%
If you compare the increase in value of investment property in Cornubia, 4130 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this QLD suburb was -7.77%.
Taking the average capital gain, or increase in median house value, Cornubia,4130 has racked up an average of -7.77% over the period. This ranks it number 1584th in the whole country for real estate investors looking at median house price increases.
Sellers are offering property buyers an average discount of -18.48% to buyers in Cornubia at the moment, which is less than average for the rest of QLD.
Often selling an investment property can take time, and in Cornubia the average time real estate has been on the market is 127.46 days.