Coolum Beach is in the TOP 30% in QLD when comparing median price capital growth over the last year. Coolum Beach gave property investors a good capital gain figure when compared to the rest of the state, with 7.43%.
Over the longer term, Coolum Beach has seen property prices show investors a 30.29% return over the last 3 years. This is worse than over the last 12 months
State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.21% offered to property buyers. Sellers in Coolum Beach itself are offering an average vendor discount of -5.70% to real estate investors.
Often selling an investment property can take time, and in Coolum Beach the average time real estate has been on the market is 87.04 days.
Using the current median advertised rental of $440 and the average annual increase in value of a median property of 3.14%, investors should hope to achieve an overall return of 4.11%
At number 1176th in the list of Australian suburbs ordered by increase in median house value over the last year, Coolum Beach, 4573 is in the BOTTOM 40% with a property value increase of -0.27% recorded in median house prices.
Taking the average capital gain, or increase in median house value, Coolum Beach,4573 has racked up an average of -0.27% over the period. This ranks it number 965th in the whole country for real estate investors looking at median house price increases.
Coolum Beach4573 is located in QLD which offers an average discount of -5.70% to property investors. Coolum Beach itself is showing figures that indicate -6.87% is the average achievable by property buyers investing in the suburb.
On average over the past year, suburb has had 11.00 sales per month, which equates to 132 per year.
Situated 97.76km from the CBD, Coolum Beach is one of Sunshine Coast localities in the postcode 4573.