At number 2100th in the list of Australian suburbs ordered by increase in median house value over the last year, Coromandel Valley, 5051 is in the BOTTOM 50% with a property value increase of 4.26% 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 Coromandel Valley has increased when compared to the 5 year average annual rate.
Vendor discounting in Coromandel Valley is giving property investors an average Vendor Discount of around -6.84%. This puts suburb at number 129th in SA when ranking the most discounted suburbs.
A $395 per week rent on the median house gives suburb investors a gross yield of circa 4.19%, without taking into account capital value appreciation, which has been averaging out at 3.62%.