If you compare the increase in value of investment property in Coombabah, 4216 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this QLD suburb was 3.49%.
Taking the average capital gain, or increase in median house value, Coombabah,4216 has racked up an average of 3.49% over the period. This ranks it number 2565th in the whole country for real estate investors looking at median house price increases.
Sellers are offering property buyers an average discount of -4.84% to buyers in Coombabah at the moment, which is less than average for the rest of QLD.
On average over the past year, suburb has had 11.50 sales per month, which equates to 138 per year.
Using the current median advertised rental of $440 and the average annual increase in value of a median property of 2.90%, investors should hope to achieve an overall return of 5.14%
Giving property investors a an average capital gain of 1.79% for the last year, Coombabah, 4216 is the 1020th highest performer in Australia in this respect.
When looking at the potential capital gains offered to property investors over the last 3 years, Coombabah comes in at number 117th in QLD.
Coombabah, 4216 is offering QLD ‘s 227th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 30% of discounts offered by this QLD.
Property investors should expect to get $375 weekly from the median priced house in this suburb.