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%
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.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Coolaroo, 3048. Typically our figures indicate that -5.82% is being offered, which puts this VIC suburb at 1977th most discounted overall in Australia.
With the median price for a house in Coolaroo being $340000 and the advertised rent reaching $320 the gross rental yield for property investors calculates out to be 4.89%