Investment property in Coombabah has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 5.68%
Across a shorter period, Coombabah, 4216 has seen a median price increase of 2.93% over the last quarter.
At number 677th of QLD’s most discounted properties, Coombabah is in the TOP 20% of the state/territory when listing in order of most discounted to least.
Advertised rents are around the $440 mark per week – giving a return of 4.92% based on the median price in Suburb
With a capital gain of 4.48% for the last 12 months, Coombabah, 4216 has performed for property investments than its average annual 2.84% property growth over the last 5 years.
If we look at median property appreciation over just the last three months, Coombabah has given property investors a paper return of 2.34%. This puts Suburb as 64 on a list of fastest fasting appreciating suburbs in QLD
LACK OF BUYER INTEREST may well be the reason that Coombabah is offering property investors an average of -6.14. This rate of discount on properties puts Suburb at number 252th in terms of most discounted suburbs in QLD
Renters in Suburb are facing rents around $4560 per annum or $380 every week.