Cooloola Cove has had a A very good year for property investment returns compared to the rest of QLD, giving investors a capital gain of 22.58% to date .
Over the longer term, Cooloola Cove has seen property prices show investors a 18.75% return over the last 3 years. This is an improvement over the last 12 months
State is the 2nd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -4.90% offered to property buyers. Sellers in Cooloola Cove itself are offering an average vendor discount of -4.34% to real estate investors.
On average over the past year, suburb has had 12.67 sales per month, which equates to 152 per year.
A $370 per week rent on the median house gives suburb investors a gross yield of circa 5.06%, without taking into account capital value appreciation, which has been averaging out at 2.74%.