QLD has seen average median house prices change by 13.79% which means that Coorparoo, 4151 has done well for property investors by showing a capital gain of 17.20% over the last year
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Coorparoo has increased when compared to the 5 year average annual rate.
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 Coorparoo, 4151. Typically our figures indicate that -5.17% is being offered, which puts this QLD suburb at 638th most discounted overall in Australia.
Residents and property investors in Coorparoo have been waiting around 42.4386 days to sell a property.
A $555 per week rent on the median house gives suburb investors a gross yield of circa 2.60%, without taking into account capital value appreciation, which has been averaging out at 5.72%.
At number 619th in the list of Australian suburbs ordered by increase in median house value over the last year, Coorparoo, 4151 is in the top 40% with a property value increase of 12.37% recorded in median house prices.
Across a shorter period, Coorparoo, 4151 has seen a median price increase of 1.91% over the last quarter.
Property investors looking for a bargain in Coorparoo should be aiming for at least -2.94% off the asking price, which is the average vendor discount being achieved at the moment.