At number 556th in the list of Australian suburbs ordered by increase in median house value over the last year, Coolum Beach, 4573 is in the top 20% with a property value increase of 25.08% recorded in median house prices.
If we look at median property appreciation over just the last three months, Coolum Beach has given property investors a paper return of 4.98%. This puts Suburb as 358 on a list of fastest fasting appreciating suburbs in QLD
Coolum Beach, 4573 is offering QLD ‘s 396th most discounted properties when looking at the average discount being offered by vendors. This puts it in the middle of discounts offered by this QLD.
In the last year 209 properties changed hands in Coolum Beach, which puts it as the 104th most active market in QLD when comparing the number of sales per suburb.
With the median price for a house in Coolum Beach being $874000 and the advertised rent reaching $635 the gross rental yield for property investors calculates out to be 3.78%
Over the last year, property investments in Coolum Beach, 4573 have given investors a capital gain of 36.17%. This compares very favourably with the 8.71% for QLD as a whole.
Taking the average capital gain, or increase in median house value, Coolum Beach,4573 has racked up an average of 36.17% over the period. This ranks it number 46th in the whole country for real estate investors looking at median house price increases.
Our latest figures would indicate that property sellers in Coolum Beach are currently offering property investors an average price cut of -3.95% below the asking price at the moment.
Often selling an investment property can take time, and in Coolum Beach the average time real estate has been on the market is 46.2258 days.
A $470 per week rent on the median house gives suburb investors a gross yield of circa 4.24%, without taking into account capital value appreciation, which has been averaging out at 4.89%.