If you compare the increase in value of investment property in Mount Coolum, 4573 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this QLD suburb was -5.17%.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Mount Coolum has increased when compared to the 5 year average annual rate.
Vendor discounting in Mount Coolum is giving property investors an average Vendor Discount of around -5.09%. This puts suburb at number 604th in QLD when ranking the most discounted suburbs.
With the median price for a house in Mount Coolum being $550000 and the advertised rent reaching $450 the gross rental yield for property investors calculates out to be 4.25%
Property investors who have had real estate in Mount Coolum, 4573 should be ok with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 4.73%
If we look at median property appreciation over just the last three months, Mount Coolum has given property investors a paper return of 4.73%. This puts Suburb as 33 on a list of fastest fasting appreciating suburbs in QLD
Sellers are offering property buyers an average discount of -5.51% to buyers in Mount Coolum at the moment, which is less than average for the rest of QLD.
With the median price for a house in Mount Coolum being $392750 and the advertised rent reaching $420 the gross rental yield for property investors calculates out to be 5.56%