Property value increases in Coolangatta have tracked close to the QLD average of 0.14% over the last 12 months.
If we look at median property appreciation over just the last three months, Coolangatta has given property investors a paper return of -1.57%. This puts Suburb as 611 on a list of fastest fasting appreciating suburbs in QLD
Our latest figures would indicate that property sellers in Coolangatta are currently offering property investors an average price cut of -8.32% below the asking price at the moment.
At number 1009th in the list of Australian suburbs ordered by increase in median house value over the last year, Coolangatta, 4225 is in the BOTTOM 40% with a property value increase of -4.88% recorded in median house prices.
Coolangatta,4225 was ranked 643 in Australia by increase in median property value over the quarter.
Property buyers and investors in Coolangatta 4225 should be seeing an average reduction in asking price of around -5.14% . This means that Coolangatta is holding prices well when compared to other suburbs in QLD.
In the last year 213 properties changed hands in Coolangatta, which puts it as the 14th most active market in QLD when comparing the number of sales per suburb.
Advertised rents are around the $420 mark per week – giving a return of 3.73% based on the median price in Suburb