Property value increases in Coronet Bay have tracked close to the VIC average of 9.78% over the last 12 months.
The five-year average increase in median property values for Coronet Bay,3984 has given property investors a potential capital gain of 16.33% across each of those five years.
Property buyers and investors in Coronet Bay 3984 should be seeing an average reduction in asking price of around -7.39% . This means that Coronet Bay is holding prices well when compared to other suburbs in VIC.
Using the current median advertised rental of $270 and the average annual increase in value of a median property of 4.94%, investors should hope to achieve an overall return of 4.93%