Property investors who have had real estate in Gowanbrae, 3043 should be relatively pleased with this VIC suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 8.83%
The five-year average increase in median property values for Gowanbrae,3043 has given property investors a potential capital gain of 8.24% across each of those five years.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Gowanbrae, 3043. Typically our figures indicate that -6.00% is being offered, which puts this VIC suburb at 1856th most discounted overall in Australia.
On average over the past year, suburb has had 3.17 sales per month, which equates to 38 per year.
A $410 per week rent on the median house gives suburb investors a gross yield of circa 3.53%, without taking into account capital value appreciation, which has been averaging out at 5.94%.