Giving property investors a a solid capital gain of 13.84% for the last year, Cowes, 3922 is the 721th highest performer in Australia in this respect.
Cowes,3922 has offered an average of 13.84% return per annum in house price rises to property investors over the last three years.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Cowes, 3922. Typically our figures indicate that -5.22% is being offered, which puts this VIC suburb at 2349th most discounted overall in Australia.
A $300 per week rent on the median house gives suburb investors a gross yield of circa 3.93%, without taking into account capital value appreciation, which has been averaging out at 3.53%.
If you compare the increase in value of investment property in Cowes, 3922 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this VIC suburb was 3.47%.
While Cowes,3922 ranked number 209th in VIC for increase in median house value (annualised) increase, it is ranked 200th over the last 5 years.
Property investors looking for a bargain in Cowes should be aiming for at least -5.65% off the asking price, which is the average vendor discount being achieved at the moment.
Cowes, 3922’s gross rental yield is 4.04%