QLD has seen average median house prices change by 2.82% which means that Mount Coolum, 4573 has done well for property investors by showing a capital gain of 5.31% over the last year
Mount Coolum,4573 was ranked 534 in Australia by increase in median property value over the quarter.
With the median price for a house in Mount Coolum being $595000 and the advertised rent reaching $460 the gross rental yield for property investors calculates out to be 4.02%
Over the last year, property investments in Mount Coolum, 4573 have given investors a capital gain of -4.94%. This compares badly with the -0.09% for QLD as a whole.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Mount Coolum has increased when compared to the 5 year average annual rate.
Using the current median advertised rental of $400 and the average annual increase in value of a median property of 4.11%, investors should hope to achieve an overall return of 5.40%