Investment property in Bowen has done poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -8.22%
The five-year average increase in median property values for Bowen,4805 has given property investors a potential capital gain of -6.94% across each of those five years.
Property buyers and investors in Bowen 4805 should be seeing an average reduction in asking price of around -11.46% . This means that Bowen is holding prices well when compared to other suburbs in QLD.
In the last year 79 properties changed hands in Bowen, which puts it as the 297th most active market in QLD when comparing the number of sales per suburb.
Using the current median advertised rental of $295 and the average annual increase in value of a median property of 5.93%, investors should hope to achieve an overall return of 4.58%
Property investors who have had real estate in Bowen, 4805 should be relatively unhappy with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices unmoved in value by 0.00%
Bowen,4805 has offered an average of 0.00% return per annum in house price rises to property investors over the last three years.
Bowen is 23th on a list of best yielding suburbs for rents in QLD with a 7.41% return