Coolbellup, 6163 ranked 281th in WA when comparing growth in median property values or capital gain over the last 12 months. Coolbellup is one of 1662 in our list for WA
The five-year average increase in median property values for Coolbellup,6163 has given property investors a potential capital gain of -4.49% across each of those five years.
At number 148th of WA’s most discounted properties, Coolbellup is in the bottom 40% of the state/territory when listing in order of most discounted to least.
Advertised rents are around the $325 mark per week – giving a return of 3.98% based on the median price in Suburb
If you compare the increase in value of investment property in Coolbellup, 6163 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this WA suburb was -20.56%.
Over the longer term, Coolbellup has seen property prices show investors a -27.23% return over the last 3 years. This is an improvement over the last 12 months
Our latest figures would indicate that property sellers in Coolbellup are currently offering property investors an average price cut of -6.32% below the asking price at the moment.
With the median price for a house in Coolbellup being $282000 and the advertised rent reaching $280 the gross rental yield for property investors calculates out to be 5.16%