Investment property in Suburb has done pretty 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 -2.11%
The five-year average increase in median property values for Bowen,4805 has given property investors a potential capital gain of -5.44% across each of those five years.
The most recent median price for Bowen is $347500, with sellers offering an average of -9.73% off the asking price.
Using the current median advertised rental of $325 and the average annual increase in value of a median property of 11.29%, investors should hope to achieve an overall return of 4.86%
If you compare the increase in value of investment property in Bowen, 4805 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this QLD suburb was 24.80%.
Bowen,4805 has offered an average of 24.80% return per annum in house price rises to property investors over the last three years.
Bowen is 351th on a list of best yielding suburbs for rents in QLD with a 4.13% return