Over the last year, property investments in Cooloongup, 6168 have given investors a capital gain of -8.69%. This compares badly with the -3.96% for WA as a whole.
Cooloongup,6168 was ranked 3766 in Australia by increase in median property value over the quarter.
Property investors looking for a bargain in Cooloongup should be aiming for at least -9.14% off the asking price, which is the average vendor discount being achieved at the moment.
A $310 per week rent on the median house gives suburb investors a gross yield of circa 5.43%, without taking into account capital value appreciation, which has been averaging out at -0.63%.