Property investors who have had real estate in Cooee Bay, 4703 should be relatively unhappy with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -1.39%
Taking the average capital gain, or increase in median house value, Cooee Bay,4703 has racked up an average of -1.39% over the period. This ranks it number 725th in the whole country for real estate investors looking at median house price increases.
With the median price for a house in Cooee Bay being $355000 and the advertised rent reaching $340 the gross rental yield for property investors calculates out to be 4.98%
Cooee Bay is 17th on a list of best yielding suburbs for rents in QLD with a 8.52% return