Investment property in Cowes has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 8.57%
While Cowes,3922 ranked number 474th in VIC for increase in median house value (annualised) increase, it is ranked 543th over the last 5 years.
Cowes, 3922 is offering VIC ‘s 289th most discounted properties when looking at the average discount being offered by vendors. This puts it in the middle of discounts offered by this VIC.
Often selling an investment property can take time, and in Cowes the average time real estate has been on the market is 114.18 days.
Cowes is 238th on a list of best yielding suburbs for rents in VIC with a 4.11% return
Cowes has had a pretty average year for property investment returns compared to the rest of VIC, giving investors a capital gain of 5.21% to date .
Cowes,3922 has offered an average of 5.21% return per annum in house price rises to property investors over the last three years.
Cowes, 3922 is offering VIC ‘s 157th most discounted properties when looking at the average discount being offered by vendors. This puts it in the middle of discounts offered by this VIC.
At number 1363 in a list of fastest selling suburbs, Cowes is in the bottom 10% of suburbs in Australia with an average of days on market 127.82 for properties listed there.
With the median price for a house in Cowes being $331400 and the advertised rent reaching $260 the gross rental yield for property investors calculates out to be 4.08%