Property investors who have had real estate in Cooee Bay, 4703 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 -11.76%
Taking the average capital gain, or increase in median house value, Cooee Bay,4703 has racked up an average of -11.76% over the period. This ranks it number 3764th in the whole country for real estate investors looking at median house price increases.
LACK OF BUYER INTEREST may well be the reason that Cooee Bay is offering property investors an average of -7.24. This rate of discount on properties puts Suburb at number 95th in terms of most discounted suburbs in QLD
In the last year 17 properties changed hands in Cooee Bay, which puts it as the 750th most active market in QLD when comparing the number of sales per suburb.
Cooee Bay is 198th on a list of best yielding suburbs for rents in QLD with a 5.20% return