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Coromandel East is a suburb in City of Onkaparinga, Australia with 340 residents. The median house price is $995K with a rental yield of 2.1%. Our analysis rates Coromandel East with a suburb score of 94/100 for investment timing.
This suburb shows strong investment potential with property prices forecast to outperform the market average over the next 1-3 years. Key indicators including vacancy rates, rental yields, and days on market all signal favorable conditions for capital growth.
94
out of 100
Suburb Score
0
investors
Higher Owner Occupier Levels
Low Days of Supply
Buying Window: Strong investment potential with prices forecast to outperform the market average over 1-3 years. Key indicators signal favorable conditions for capital growth.
Upswing: Prices are rising and capital growth momentum is positive. While the early buying opportunity has passed, the market continues to show strength.
Consolidating: Prices may grow below average in the short term. Rental growth could also slow during this phase. Consider monitoring market indicators before investing.
Peak: Price growth is expected to slow down. Capital growth forecasts suggest this may not be the optimal time to invest. Consider waiting for better conditions.
Thorough research about a suburb is crucial to grasp the 'why' behind an investment. However, no suburb stands alone—always assess it in relation to its surroundings. Tracking each data point over time is vital. But above all, it's crucial to comprehend why each data point matters and how it influences both short-term and long-term capital growth.
Current Sales Prices By Suburb - Median - Last 90 Days Rolling - Houses Only [AUD]
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What is this: The median sale price of properties sold in the suburb over a rolling 90-day period. This reflects the actual transacted value of properties rather than asking prices.
Investment tip: Understanding current sold prices helps identify undervalued suburbs compared to neighboring areas. Look for suburbs with lower median prices that share similar amenities with higher-priced neighbors - these often represent growth opportunities.
Sold Price
Asking Price
Picki displays every property available for sale in Australia — all in the one place. We do not include sub-division, house and land packages, or individual lots/land that is for sale.
Suburb | Sold Price | Recent Growth | Yield | Vacancy Rate | Days of Supply | Owner Occupier | Vendor Disc. |
|---|
Coromandel East has a suburb score of 94/100 for investment timing, placing it among the top-performing suburbs in City of Onkaparinga for capital growth potential. The strong suburb score indicates favorable market conditions including positive price momentum, healthy rental demand, and low vacancy rates. Property investors looking for capital growth in Australia should consider Coromandel East as a priority suburb.
Coromandel East's capital growth outlook is positive based on current market indicators. Key drivers supporting capital growth in Coromandel East include strong buyer demand, limited housing supply, and positive demographic trends. Historical data suggests Coromandel East has outperformed many suburbs in City of Onkaparinga for property value appreciation.
Coromandel East is located within City of Onkaparinga Local Government Area in Australia. City of Onkaparinga encompasses multiple suburbs, each with their own property market characteristics. Understanding the broader LGA trends can help investors identify whether Coromandel East is outperforming or underperforming relative to neighboring suburbs.
The current median house price in Coromandel East is $995K based on recent sales data. This median price positions Coromandel East as a mid-market suburb in City of Onkaparinga, balancing accessibility for investors with capital growth potential.
Coromandel East has an average rental yield of 2.1%, which is below the national average, which is common in premium or high-growth suburbs where investors prioritize capital appreciation over rental income. Investors in Coromandel East typically focus on long-term wealth building rather than immediate cash flow.
Coromandel East has a population of approximately 340 residents. Population size and growth are important factors for property investment as they influence housing demand, rental markets, and local amenity development. Coromandel East is a smaller, more exclusive suburb which may offer unique lifestyle benefits and potential for price premiums on quality properties.
Coromandel East's suburb score of 94/100 can be compared against other suburbs in City of Onkaparinga to identify relative investment value. With a score above 80, Coromandel East ranks among the top suburbs in the local government area for investment timing. This suggests stronger fundamentals compared to many neighboring suburbs. Compare all suburbs in City of Onkaparinga using our platform to find the best investment opportunities.
