With a capital gain of -1.77% for the last 12 months, Coolangatta, 4225 has performed for property investments than its average annual 4.45% property growth over the last 5 years.
Taking the average capital gain, or increase in median house value, Coolangatta,4225 has racked up an average of -1.77% over the period. This ranks it number 1293th in the whole country for real estate investors looking at median house price increases.
State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.29% offered to property buyers. Sellers in Coolangatta itself are offering an average vendor discount of -3.09% to real estate investors.
Residents and property investors in Coolangatta have been waiting around 59.95 days to sell a property.
Coolangatta is 728th on a list of best yielding suburbs for rents in QLD with a 3.12% return
If you compare the increase in value of investment property in Coolangatta, 4225 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 5.43%.
When looking at the potential capital gains offered to property investors over the last 3 years, Coolangatta comes in at number 44th in QLD.
Property buyers and investors in Coolangatta 4225 should be seeing an average reduction in asking price of around -4.48% . This means that Coolangatta is holding prices well when compared to other suburbs in QLD.
Renters in Suburb are facing rents around $4680 per annum or $390 every week.