If you compare the increase in value of investment property in Coorparoo, 4151 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this QLD suburb was 9.13%.
Coorparoo,4151 was ranked 2383 in Australia by increase in median property value over the quarter.
Vendor discounting in Coorparoo is giving property investors an average Vendor Discount of around -5.43%. This puts suburb at number 563th in QLD when ranking the most discounted suburbs.
Often selling an investment property can take time, and in Coorparoo the average time real estate has been on the market is 62.33 days.
With the median price for a house in Coorparoo being $851250 and the advertised rent reaching $475 the gross rental yield for property investors calculates out to be 2.90%
Over the last year, property investments in Coorparoo, 4151 have given investors a capital gain of 9.28%. This compares very favourably with the 1.70% for QLD as a whole.
Over the longer term, Coorparoo has seen property prices show investors a 20.93% return over the last 3 years. This is worse than over the last 12 months
Sellers are offering property buyers an average discount of -5.31% to buyers in Coorparoo at the moment, which is less than average for the rest of QLD.
The QLD suburb of Coorparoo, 4151 is in the Brisbane local government area.