Property value increases in Cottesloe have tracked close to the WA average of -4.91% over the last 12 months.
Cottesloe,6011 was ranked 3436 in Australia by increase in median property value over the quarter.
Cottesloe, 6011 is offering WA ‘s 46th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 20% of discounts offered by this WA.
Renters in Suburb are facing rents around $10320 per annum or $860 every week.
Giving property investors a a poor capital gain of -8.07% for the last year, Cottesloe, 6011 is the 1523th highest performer in Australia in this respect.
Comparing Cottesloe,6011 ‘s 5year and quarterly average capital gain offered to property investors, it performed better across the longer period
LACK OF BUYER INTEREST may well be the reason that Cottesloe is offering property investors an average of -7.52. This rate of discount on properties puts Suburb at number 6th in terms of most discounted suburbs in WA
On average over the past year, suburb has had 4.92 sales per month, which equates to 59 per year.
A $500 per week rent on the median house gives suburb investors a gross yield of circa 3.51%, without taking into account capital value appreciation, which has been averaging out at 2.45%.