Coolangatta is in the bottom 20% in QLD when comparing median price capital growth over the last year. Coolangatta gave property investors a dismal capital gain figure when compared to the rest of the state, with 5.45%.
Taking the average capital gain, or increase in median house value, Coolangatta,4225 has racked up an average of 5.45% over the period. This ranks it number 4877th in the whole country for real estate investors looking at median house price increases.
Property buyers and investors in Coolangatta 4225 should be seeing an average reduction in asking price of around -5.41% . This means that Coolangatta is holding prices well when compared to other suburbs in QLD.
Coolangatta, 4225’s gross rental yield is 3.32%
Property value increases in Coolangatta have tracked just higher than the QLD average of 14.15% over the last 12 months.
Comparing Coolangatta,4225 ‘s 5year and quarterly average capital gain offered to property investors, it performed better across the longer period
Property investors looking for a bargain in Coolangatta should be aiming for at least -3.80% off the asking price, which is the average vendor discount being achieved at the moment.
Property investors should expect to get $400 weekly from the median priced house in this suburb.