VIC has seen average median house prices change by 8.96% which means that Coolaroo, 3048 has done well for property investors by showing a capital gain of 7.26% 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 Coolaroo has increased when compared to the 5 year average annual rate.
LACK OF BUYER INTEREST may well be the reason that Coolaroo is offering property investors an average of -5.87. This rate of discount on properties puts Suburb at number 256th in terms of most discounted suburbs in VIC
Often selling an investment property can take time, and in Coolaroo the average time real estate has been on the market is 49.72 days.