Property value increases in Coolbellup have tracked lower than the WA average of -3.83% over the last 12 months.
When looking at the potential capital gains offered to property investors over the last 3 years, Coolbellup comes in at number 63th in WA.
LACK OF BUYER INTEREST may well be the reason that Coolbellup is offering property investors an average of -8.22. This rate of discount on properties puts Suburb at number 268th in terms of most discounted suburbs in WA
Coolbellup, 6163’s gross rental yield is 3.69%
WA has seen average median house prices change by -4.86% which means that Coolbellup, 6163 has not done well for property investors by showing a capital gain of 2.44% over the last year
Taking the average capital gain, or increase in median house value, Coolbellup,6163 has racked up an average of 2.44% over the period. This ranks it number 990th in the whole country for real estate investors looking at median house price increases.
Coolbellup6163 is located in WA which offers an average discount of -8.71% to property investors. Coolbellup itself is showing figures that indicate -6.63% is the average achievable by property buyers investing in the suburb.
With the median price for a house in Coolbellup being $357500 and the advertised rent reaching $292.5 the gross rental yield for property investors calculates out to be 4.25%