QLD has seen average median house prices change by 2.11% which means that Cornubia, 4130 has done well for property investors by showing a capital gain of 7.12% over the last year
Comparing Cornubia,4130 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
The most recent median price for Cornubia is $572000, with sellers offering an average of -4.93% off the asking price.
A $497.5 per week rent on the median house gives suburb investors a gross yield of circa 4.52%, without taking into account capital value appreciation, which has been averaging out at 4.02%.
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 -16.41%.
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 -19.01% is being offered, which puts this QLD suburb at 4th most discounted overall in Australia.
In the last year 28 properties changed hands in Cornubia, which puts it as the 260th most active market in QLD when comparing the number of sales per suburb.
Situated 28.19km from the CBD, Cornubia is one of Logan localities in the postcode 4130.