Coolangatta has had a quite poor year for property investment returns compared to the rest of QLD, giving investors a capital gain of -0.92% to date .
If we look at median property appreciation over just the last three months, Coolangatta has given property investors a paper return of 4.50%. This puts Suburb as 118 on a list of fastest fasting appreciating suburbs in QLD
A $470 per week rent on the median house gives suburb investors a gross yield of circa 3.24%, without taking into account capital value appreciation, which has been averaging out at 3.47%.
Investment property in Coolangatta has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 0.00%
Coolangatta,4225 was ranked 1146 in Australia by increase in median property value over the quarter.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Coolangatta, 4225. Typically our figures indicate that -2.44% is being offered, which puts this QLD suburb at 319th most discounted overall in Australia.
On average over the past year, suburb has had 23.50 sales per month, which equates to 282 per year.
Property investors should expect to get $420 weekly from the median priced house in this suburb.