Giving property investors a a solid capital gain of 11.98% for the last year, Cowes, 3922 is the 823th highest performer in Australia in this respect.
If we look at median property appreciation over just the last three months, Cowes has given property investors a paper return of 1.33%. This puts Suburb as 397 on a list of fastest fasting appreciating suburbs in VIC
Cowes3922 is located in VIC which offers an average discount of -6.00% to property investors. Cowes itself is showing figures that indicate -5.80% is the average achievable by property buyers investing in the suburb.
Cowes, 3922’s gross rental yield is 4.20%
VIC has seen average median house prices change by 2.98% which means that Cowes, 3922 has done well for property investors by showing a capital gain of 9.21% over the last year
While Cowes,3922 ranked number 207th in VIC for increase in median house value (annualised) increase, it is ranked 172th over the last 5 years.
Property investors looking for a bargain in Cowes should be aiming for at least -5.85% off the asking price, which is the average vendor discount being achieved at the moment.
Cowes is 218th on a list of best yielding suburbs for rents in VIC with a 3.96% return