QLD has seen average median house prices change by 2.46% which means that Cooee Bay, 4703 has done well for property investors by showing a capital gain of -16.79% over the last year
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Cooee Bay has fallen somewhat when compared to the 5 year average annual rate.
Cooee Bay, 4703 is offering QLD ‘s 58th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 10% of discounts offered by this QLD.
In the last year 20 properties changed hands in Cooee Bay, which puts it as the 704th most active market in QLD when comparing the number of sales per suburb.
A $300 per week rent on the median house gives suburb investors a gross yield of circa 5.72%, without taking into account capital value appreciation, which has been averaging out at -1.49%.