Investment property in Coolaroo has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 9.68%
Coolaroo,3048 has offered an average of 9.68% return per annum in house price rises to property investors over the last three years.
Our latest figures would indicate that property sellers in Coolaroo are currently offering property investors an average price cut of -5.82% below the asking price at the moment.
On average over the past year, suburb has had 4.33 sales per month, which equates to 52 per year.
A $320 per week rent on the median house gives suburb investors a gross yield of circa 4.89%, without taking into account capital value appreciation, which has been averaging out at 5.76%.