With a capital gain of 1.18% for the last 12 months, Coorparoo, 4151 has performed for property investments than its average annual 5.22% property growth over the last 5 years.
Coorparoo,4151 was ranked 2046 in Australia by increase in median property value over the quarter.
Property investors looking for a bargain in Coorparoo should be aiming for at least -5.97% off the asking price, which is the average vendor discount being achieved at the moment.
Situated 5.02km from the CBD, Coorparoo is one of Brisbane localities in the postcode 4151.
At number 1584th in the list of Australian suburbs ordered by increase in median house value over the last year, Coorparoo, 4151 is in the BOTTOM 10% with a property value increase of -12.58% recorded in median house prices.
A 10.54% growth in median value for property investors in Coorparoo,4151 puts this suburb at number 313th in terms of best performing suburbs in QLD
Property buyers and investors in Coorparoo 4151 should be seeing an average reduction in asking price of around -6.11% . This means that Coorparoo is holding prices well when compared to other suburbs in QLD.
Advertised rents are around the $360 mark per week – giving a return of 4.57% based on the median price in Suburb