Giving property investors a an average capital gain of 2.65% for the last year, Coorparoo, 4151 is the 2502th highest performer in Australia in this respect.
Comparing Coorparoo,4151 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
The most recent median price for Coorparoo is $872500, with sellers offering an average of -5.46% off the asking price.
In the last year 193 properties changed hands in Coorparoo, which puts it as the 60th most active market in QLD when comparing the number of sales per suburb.
A $485 per week rent on the median house gives suburb investors a gross yield of circa 2.89%, without taking into account capital value appreciation, which has been averaging out at 3.95%.
Property value increases in Coorparoo have tracked just lower than the QLD average of 0.74% over the last 12 months.
Over the longer term, Coorparoo has seen property prices show investors a 0.00% return over the last 3 years. This is worse than over the last 12 months
Property investors looking for a bargain in Coorparoo should be aiming for at least -6.17% 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 96.86 days.
Advertised rents are around the $360 mark per week – giving a return of 4.46% based on the median price in Suburb