Investment property in Coolbellup has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -1.19%
When looking at the potential capital gains offered to property investors over the last 3 years, Coolbellup comes in at number 363th in WA.
Our latest figures would indicate that property sellers in Coolbellup are currently offering property investors an average price cut of -7.09% below the asking price at the moment.
On average over the past year, suburb has had 6.50 sales per month, which equates to 78 per year.
Coolbellup is in the bottom 30% in WA when comparing median price capital growth over the last year. Coolbellup gave property investors a disappointing capital gain figure when compared to the rest of the state, with -11.11%.
Across a shorter period, Coolbellup, 6163 has seen a median price increase of -2.74% over the last quarter.
Property buyers and investors in Coolbellup 6163 should be seeing an average reduction in asking price of around -4.72% . This means that Coolbellup is holding prices well when compared to other suburbs in WA.
On average over the past year, suburb has had 1.75 sales per month, which equates to 21 per year.
Advertised rents are around the $280 mark per week – giving a return of 4.55% based on the median price in Suburb