Property value increases in Gowrie have tracked lower than the ACT average of 5.43% over the last 12 months.
Over the longer term, Gowrie has seen property prices show investors a 5.25% return over the last 3 years. This is worse than over the last 12 months
Property investors looking for a bargain in Gowrie should be aiming for at least -8.35% off the asking price, which is the average vendor discount being achieved at the moment.
A $490 per week rent on the median house gives suburb investors a gross yield of circa 4.79%, without taking into account capital value appreciation, which has been averaging out at 3.30%.