Property investors who have had real estate in Coorparoo, 4151 should be relatively pleased with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 10.69%
If we look at median property appreciation over just the last three months, Coorparoo has given property investors a paper return of 0.53%. This puts Suburb as 521 on a list of fastest fasting appreciating suburbs in QLD
Property investors looking for a bargain in Coorparoo should be aiming for at least -4.57% off the asking price, which is the average vendor discount being achieved at the moment.
Often selling an investment property can take time, and in Coorparoo the average time real estate has been on the market is 53.7297 days.
Situated 5.20km from the CBD, Coorparoo is one of Brisbane (C) localities in the postcode 4151.
At number 623th in the list of Australian suburbs ordered by increase in median house value over the last year, Coorparoo, 4151 is in the top half with a property value increase of 5.19% recorded in median house prices.
When looking at the potential capital gains offered to property investors over the last 3 years, Coorparoo comes in at number 180th in QLD.
The most recent median price for Coorparoo is $385000, with sellers offering an average of -3.20% off the asking price.
On average over the past year, suburb has had 13.33 sales per month, which equates to 160 per year.
With the median price for a house in Coorparoo being $385000 and the advertised rent reaching $380 the gross rental yield for property investors calculates out to be 5.13%