Over the last year, property investments in Cooran, 4569 have given investors a capital gain of -8.43%. This compares very badly with the 2.06% 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 Cooran has increased when compared to the 5 year average annual rate.
Property investors looking for a bargain in Cooran should be aiming for at least -6.19% off the asking price, which is the average vendor discount being achieved at the moment.
With the median price for a house in Cooran being $364000 and the advertised rent reaching $370 the gross rental yield for property investors calculates out to be 5.29%