If you compare the increase in value of investment property in Gowanbrae, 3043 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this VIC suburb was 12.23%.
Across a shorter period, Gowanbrae, 3043 has seen a median price increase of 4.21% over the last quarter.
On average over the past year, suburb has had 2.50 sales per month, which equates to 30 per year.
Using the current median advertised rental of $425 and the average annual increase in value of a median property of 7.62%, investors should hope to achieve an overall return of 3.19%