Coomera has had a pretty good year for property investment returns compared to the rest of QLD, giving investors a capital gain of 6.13% to date .
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Coomera has increased when compared to the 5 year average annual rate.
Coomera4209 is located in QLD which offers an average discount of -7.31% to property investors. Coomera itself is showing figures that indicate -3.99% is the average achievable by property buyers investing in the suburb.
In the last year 171 properties changed hands in Coomera, which puts it as the 84th most active market in QLD when comparing the number of sales per suburb.
A $460 per week rent on the median house gives suburb investors a gross yield of circa 5.03%, without taking into account capital value appreciation, which has been averaging out at 4.20%.
Investment property in Coomera has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 16.75%
Coomera,4209 was ranked 136 in Australia by increase in median property value over the quarter.
LACK OF BUYER INTEREST may well be the reason that Coomera is offering property investors an average of -5.97. This rate of discount on properties puts Suburb at number 120th in terms of most discounted suburbs in QLD
Often selling an investment property can take time, and in Coomera the average time real estate has been on the market is 97.59 days.