Property investors who have had real estate in Coral Cove, 4670 should be unhappy with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -5.01%
While Coral Cove,4670 ranked number 563th in QLD for increase in median house value (annualised) increase, it is ranked 599th over the last 5 years.
LACK OF BUYER INTEREST may well be the reason that Coral Cove is offering property investors an average of -7.32. This rate of discount on properties puts Suburb at number 178th in terms of most discounted suburbs in QLD
With the median price for a house in Coral Cove being $393750 and the advertised rent reaching $340 the gross rental yield for property investors calculates out to be 4.49%