At number 1002th in the list of Australian suburbs ordered by increase in median house value over the last year, Mowbray, 7248 is in the top 30% with a property value increase of 11.58% recorded in median house prices.
Across a shorter period, Mowbray, 7248 has seen a median price increase of 3.67% over the last quarter.
The most recent median price for Mowbray is $212000, with sellers offering an average of -6.91% off the asking price.
Often selling an investment property can take time, and in Mowbray the average time real estate has been on the market is 99.04 days.
With the median price for a house in Mowbray being $212000 and the advertised rent reaching $280 the gross rental yield for property investors calculates out to be 6.87%
With a capital gain of -9.87% for the last 12 months, Mowbray, 7248 has performed for property investments than its average annual 1.87% property growth over the last 5 years.
With the median price for a house in Mowbray being $169000 and the advertised rent reaching $250 the gross rental yield for property investors calculates out to be 7.69%