Over the last year, property investments in Kooralbyn, 4285 have given investors a capital gain of 6.77%. This compares favourably with the 2.11% for QLD as a whole.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Kooralbyn has increased when compared to the 5 year average annual rate.
Our latest figures would indicate that property sellers in Kooralbyn are currently offering property investors an average price cut of -7.37% below the asking price at the moment.
On average over the past year, suburb has had 4.92 sales per month, which equates to 59 per year.
Renters in Suburb are facing rents around $4080 per annum or $340 every week.
QLD has seen average median house prices change by 1.12% which means that Kooralbyn, 4285 has done well for property investors by showing a capital gain of -4.55% over the last year
While Kooralbyn,4285 ranked number 307th in QLD for increase in median house value (annualised) increase, it is ranked 95th over the last 5 years.
The most recent median price for Kooralbyn is $157500, with sellers offering an average of -6.50% off the asking price.
In the last year 23 properties changed hands in Kooralbyn, which puts it as the 291th most active market in QLD when comparing the number of sales per suburb.
A $190 per week rent on the median house gives suburb investors a gross yield of circa 6.27%, without taking into account capital value appreciation, which has been averaging out at 9.20%.