Investment property in Coffin Bay has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 30.78%
The five-year average increase in median property values for Coffin Bay,5607 has given property investors a potential capital gain of 19.23% across each of those five years.
State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.10% offered to property buyers. Sellers in Coffin Bay itself are offering an average vendor discount of -6.93% to real estate investors.
At number 3089 in a list of fastest selling suburbs, Coffin Bay is in the bottom 20% of suburbs in Australia with an average of days on market 109.846 for properties listed there.
Property investors should expect to get $305 weekly from the median priced house in this suburb.