Property value increases in Kooralbyn have tracked just lower than the QLD average of 2.38% over the last 12 months.
While Kooralbyn,4285 ranked number 660th in QLD for increase in median house value (annualised) increase, it is ranked 478th over the last 5 years.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Kooralbyn, 4285. Typically our figures indicate that -6.81% is being offered, which puts this QLD suburb at 1358th most discounted overall in Australia.
At number 3558 in a list of fastest selling suburbs, Kooralbyn is in the bottom 10% of suburbs in Australia with an average of days on market 143.06 for properties listed there.
The QLD suburb of Kooralbyn, 4285 is in the Scenic Rim local government area.
If you compare the increase in value of investment property in Kooralbyn, 4285 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this QLD suburb was -4.55%.
When looking at the potential capital gains offered to property investors over the last 3 years, Kooralbyn comes in at number 13th in QLD.
State is the 4th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.14% offered to property buyers. Sellers in Kooralbyn itself are offering an average vendor discount of -7.04% to real estate investors.
In the last year 17 properties changed hands in Kooralbyn, which puts it as the 322th most active market in QLD when comparing the number of sales per suburb.
Using the current median advertised rental of $190 and the average annual increase in value of a median property of 8.73%, investors should hope to achieve an overall return of 6.27%