With a capital gain of 7.36% for the last 12 months, Coombabah, 4216 has performed for property investments than its average annual 2.40% property growth over the last 5 years.
Taking the average capital gain, or increase in median house value, Coombabah,4216 has racked up an average of 7.36% over the period. This ranks it number 2112th in the whole country for real estate investors looking at median house price increases.
Sellers are offering property buyers an average discount of -5.08% to buyers in Coombabah at the moment, which is less than average for the rest of QLD.
The QLD suburb of Coombabah, 4216 is in the Gold Coast local government area.
Property investors who have had real estate in Coombabah, 4216 should be ok 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 3.07%
If we look at median property appreciation over just the last three months, Coombabah has given property investors a paper return of 1.73%. This puts Suburb as 117 on a list of fastest fasting appreciating suburbs in QLD
Property buyers and investors in Coombabah 4216 should be seeing an average reduction in asking price of around -4.34% . This means that Coombabah is holding prices well when compared to other suburbs in QLD.
Using the current median advertised rental of $402.5 and the average annual increase in value of a median property of 2.14%, investors should hope to achieve an overall return of 5.95%