Coombabah is in the TOP 30% in QLD when comparing median price capital growth over the last year. Coombabah gave property investors a good capital gain figure when compared to the rest of the state, with 7.56%.
When looking at the potential capital gains offered to property investors over the last 3 years, Coombabah comes in at number 114th in QLD.
At number 616th of QLD’s most discounted properties, Coombabah is in the TOP 30% of the state/territory when listing in order of most discounted to least.
With the median price for a house in Coombabah being $484000 and the advertised rent reaching $450 the gross rental yield for property investors calculates out to be 4.83%
Property value increases in Coombabah have tracked close to the QLD average of 0.29% over the last 12 months.
Across a shorter period, Coombabah, 4216 has seen a median price increase of -1.99% over the last quarter.
Property buyers and investors in Coombabah 4216 should be seeing an average reduction in asking price of around -4.54% . This means that Coombabah is holding prices well when compared to other suburbs in QLD.
Renters in Suburb are facing rents around $4800 per annum or $400 every week.