Suburb Profile Report for Coolangatta QLD (4225)

Coolangatta House: Median price $740,000, Annual capital growth 4.72%, Number of sales 31, Weekly median advertised rent $460

Coolangatta Unit: Median price $480,000, Annual capital growth 0.94%, Number of sales 312, Weekly median advertised rent $400

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

At number 3466th in the list of Australian suburbs ordered by increase in median house value over the last year, Coolangatta, 4225 is in the BOTTOM 20% with a property value increase of -3.90% recorded in median house prices.

Comparing Coolangatta,4225 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

Coolangatta4225 is located in QLD which offers an average discount of -7.16% to property investors. Coolangatta itself is showing figures that indicate -4.79% is the average achievable by property buyers investing in the suburb.

Coolangatta is 700th on a list of best yielding suburbs for rents in QLD with a 3.23% return

Coolangatta has had a pretty good year for property investment returns compared to the rest of QLD, giving investors a capital gain of 2.76% to date .

Coolangatta,4225 has offered an average of 2.76% return per annum in house price rises to property investors over the last three years.

Vendor discounting in Coolangatta is giving property investors an average Vendor Discount of around -4.54%. This puts suburb at number 239th in QLD when ranking the most discounted suburbs.

Residents and property investors in Coolangatta have been waiting around 90.03 days to sell a property.

Coolangatta is 333th on a list of best yielding suburbs for rents in QLD with a 4.33% return

Metrics i HOUSE UNIT
$740,000 $480,000
-0.67% 1.05%
-3.90% 2.76%
4.72% 0.94%
$460 $400
31 312
3.23% 4.33%
72.45 90.03

Source: CoreLogic

DSR Score for property investment : Good (U), Above average (H)
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Demographics
Total population 5192
Median household income ($/weekly) 797
Median age of persons 49
Median housing loan repayment ($/monthly) 1781
Average household size 1.8
  • Census Count Percent(%)
    25-34 years 770 14.8
    35-44 years 580 11.2
    45-54 years 685 13.2
    55-64 years 840 16.2
    65-74 years 614 11.8
    Others 1704 32.8
    Age Group
    Census Count Percent(%)
    Not Married 2013 53.7
    Registered Married 1264 33.7
    Defacto Relationship 470 12.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 3500 76.7
    Papua New Guinea 294 6.4
    Philippines 45 1.0
    United Kingdom 301 6.6
    Other 139 3.0
    Others 283 6.2
    Country of Birth
    Census Count Percent(%)
    Buddhism 82 1.9
    Christianity 3079 70.6
    Hinduism 32 0.7
    Other Religious Groups 26 0.6
    No Religion 1119 25.7
    Others 22 0.5
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 233 11.0
    $400-$599 296 14.0
    $600-$799 288 13.6
    $800-$999 260 12.3
    $1,000-$1,249 193 9.1
    Others 842 39.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1862 44.6
    Employed, worked full-time 1190 28.5
    Employed, worked part-time 740 17.7
    Unemployed, looking for work 257 6.2
    Employed, away from work 126 3.0
    Person Characteristics
  • Census Count Percent(%)
    Professionals 373 18.2
    Technicians & trades workers 304 14.8
    Community & personal service workers 282 13.7
    Clerical & administrative workers 262 12.7
    Sales 246 12.0
    Others 588 28.6
    Occupation
    Census Count Percent(%)
    Infants/Primary 168 27.5
    Secondary 99 16.2
    Technical or Further Educational Institution 120 19.6
    University or other Tertiary Institutions 172 28.1
    Other type of educational institution 29 4.7
    Others 24 3.9
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Flat, unit or apartment 2855 67.3
    Separate house 913 21.5
    Semi-detached, row or terrace house, townhouse 346 8.2
    Caravan, cabin, houseboat 124 2.9
    House or flat attached to a shop, office 3 0.1
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 1196 52.7
    Fully owned 718 31.7
    Being purchased 333 14.7
    Other tenure type 21 0.9
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals