Over the last year, property investments in Cockatoo, 3781 have given investors a capital gain of 16.66%. This compares favourably with the 11.00% for VIC as a whole.
A 41.24% growth in median value for property investors in Cockatoo,3781 puts this suburb at number 221th in terms of best performing suburbs in VIC
State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.26% offered to property buyers. Sellers in Cockatoo itself are offering an average vendor discount of -2.60% to real estate investors.
At number 15 in a list of fastest selling suburbs, Cockatoo is in the TOP 10% of suburbs in Australia with an average of days on market 19.48 for properties listed there.
Using the current median advertised rental of $350 and the average annual increase in value of a median property of 6.55%, investors should hope to achieve an overall return of 3.89%