Property value increases in Cottesloe have tracked higher than the WA average of -3.83% over the last 12 months.
Comparing Cottesloe,6011 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
At number 87th of WA’s most discounted properties, Cottesloe is in the bottom 30% of the state/territory when listing in order of most discounted to least.
The WA suburb of Cottesloe, 6011 is in the Cottesloe local government area.
Investment property in Cottesloe has done poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -17.83%
Cottesloe,6011 has offered an average of -17.83% return per annum in house price rises to property investors over the last three years.
LACK OF BUYER INTEREST may well be the reason that Cottesloe is offering property investors an average of -8.71. This rate of discount on properties puts Suburb at number 57th in terms of most discounted suburbs in WA
Often selling an investment property can take time, and in Cottesloe the average time real estate has been on the market is 121.74 days.
A $460 per week rent on the median house gives suburb investors a gross yield of circa 3.71%, without taking into account capital value appreciation, which has been averaging out at -1.22%.