Over the last year, property investments in Coolbellup, 6163 have given investors a capital gain of -1.23%. This compares averagely with the -1.76% for WA as a whole.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Coolbellup has increased when compared to the 5 year average annual rate.
At number 263th of WA’s most discounted properties, Coolbellup is in the TOP 40% of the state/territory when listing in order of most discounted to least.
Often selling an investment property can take time, and in Coolbellup the average time real estate has been on the market is 67.89 days.
Coolbellup is 293th on a list of best yielding suburbs for rents in WA with a 3.54% return
Property value increases in Coolbellup have tracked close to the WA average of -5.68% over the last 12 months.
While Coolbellup,6163 ranked number 71th in WA for increase in median house value (annualised) increase, it is ranked 22th over the last 5 years.
Vendor discounting in Coolbellup is giving property investors an average Vendor Discount of around -5.48%. This puts suburb at number 89th in WA when ranking the most discounted suburbs.
In the last year 19 properties changed hands in Coolbellup, which puts it as the 81th most active market in WA when comparing the number of sales per suburb.
With the median price for a house in Coolbellup being $329000 and the advertised rent reaching $280 the gross rental yield for property investors calculates out to be 4.43%