If you compare the increase in value of investment property in Coober Pedy, 5723 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this SA suburb was -11.03%.
The five-year average increase in median property values for Coober Pedy,5723 has given property investors a potential capital gain of -37.31% across each of those five years.
Property investors looking for a bargain in Coober Pedy should be aiming for at least -17.18% off the asking price, which is the average vendor discount being achieved at the moment.
On average over the past year, suburb has had 2.75 sales per month, which equates to 33 per year.
Coober Pedy, 5723’s gross rental yield is 14.61%