WA has seen average median house prices change by -1.71% which means that Coolbellup, 6163 has not done well for property investors by showing a capital gain of -2.63% over the last year
Taking the average capital gain, or increase in median house value, Coolbellup,6163 has racked up an average of -2.63% over the period. This ranks it number 3839th in the whole country for real estate investors looking at median house price increases.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Coolbellup, 6163. Typically our figures indicate that -6.18% is being offered, which puts this WA suburb at 1821th most discounted overall in Australia.
A $350 per week rent on the median house gives suburb investors a gross yield of circa 4.37%, without taking into account capital value appreciation, which has been averaging out at 1.61%.
Coolbellup has had a pretty average year for property investment returns compared to the rest of WA, giving investors a capital gain of -6.41% to date .
Coolbellup is 44th on a list of best yielding suburbs for rents in WA with a 5.78% return