At number 3814th in the list of Australian suburbs ordered by increase in median house value over the last year, Cooee Bay, 4703 is in the BOTTOM 10% with a property value increase of -10.27% recorded in median house prices.
Taking the average capital gain, or increase in median house value, Cooee Bay,4703 has racked up an average of -10.27% over the period. This ranks it number 3517th in the whole country for real estate investors looking at median house price increases.
Property investors looking for a bargain in Cooee Bay should be aiming for at least -6.10% off the asking price, which is the average vendor discount being achieved at the moment.
With the median price for a house in Cooee Bay being $327500 and the advertised rent reaching $320 the gross rental yield for property investors calculates out to be 5.08%