At number 3367th in the list of Australian suburbs ordered by increase in median house value over the last year, Coral Cove, 4670 is in the BOTTOM 20% with a property value increase of -3.22% recorded in median house prices.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Coral Cove has fallen somewhat when compared to the 5 year average annual rate.
The most recent median price for Coral Cove is $413250, with sellers offering an average of -8.74% off the asking price.
Situated 291.53km from the CBD, Coral Cove is one of Bundaberg localities in the postcode 4670.
QLD has seen average median house prices change by 0.65% which means that Coral Cove, 4670 has done well for property investors by showing a capital gain of -0.45% over the last year
Coral Cove,4670 has offered an average of -0.45% return per annum in house price rises to property investors over the last three years.
In the last year 10 properties changed hands in Coral Cove, which puts it as the 384th most active market in QLD when comparing the number of sales per suburb.
With the median price for a house in Coral Cove being $276250 and the advertised rent reaching $350 the gross rental yield for property investors calculates out to be 6.59%