Mount Coolum is in the bottom 40% in QLD when comparing median price capital growth over the last year. Mount Coolum gave property investors a disappointing capital gain figure when compared to the rest of the state, with 0.00%.
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.
Sellers are offering property buyers an average discount of -5.20% to buyers in Mount Coolum at the moment, which is less than average for the rest of QLD.
Renters in Suburb are facing rents around $5400 per annum or $450 every week.
QLD has seen average median house prices change by 0.65% which means that Mount Coolum, 4573 has done well for property investors by showing a capital gain of 2.27% over the last year
Mount Coolum,4573 has offered an average of 2.27% return per annum in house price rises to property investors over the last three years.
LACK OF BUYER INTEREST may well be the reason that Mount Coolum is offering property investors an average of -6.14. This rate of discount on properties puts Suburb at number 168th in terms of most discounted suburbs in QLD
At number 958 in a list of fastest selling suburbs, Mount Coolum is in the bottom 40% of suburbs in Australia with an average of days on market 88.8 for properties listed there.