Giving property investors a a poor capital gain of -9.06% for the last year, Coral Cove, 4670 is the 3842th highest performer in Australia in this respect.
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.
LACK OF BUYER INTEREST may well be the reason that Coral Cove is offering property investors an average of -7.05. This rate of discount on properties puts Suburb at number 140th 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 $360 the gross rental yield for property investors calculates out to be 4.75%
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 -6.51%
Coral Cove,4670 has offered an average of -6.51% return per annum in house price rises to property investors over the last three years.
State is the 4th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.08% offered to property buyers. Sellers in Coral Cove itself are offering an average vendor discount of -12.11% to real estate investors.
Property investors should expect to get $340 weekly from the median priced house in this suburb.