Gowanbrae, 3043 ranked 457th in VIC when comparing growth in median property values or capital gain over the last 12 months. Gowanbrae is one of 2098 in our list for VIC
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Gowanbrae has increased when compared to the 5 year average annual rate.
LACK OF BUYER INTEREST may well be the reason that Gowanbrae is offering property investors an average of -6.03. This rate of discount on properties puts Suburb at number 256th in terms of most discounted suburbs in VIC
Using the current median advertised rental of $405 and the average annual increase in value of a median property of 5.98%, investors should hope to achieve an overall return of 3.49%