If you compare the increase in value of investment property in Cottesloe, 6011 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this WA suburb was 0.00%.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Cottesloe has increased when compared to the 5 year average annual rate.
Vendor discounting in Cottesloe is giving property investors an average Vendor Discount of around -10.37%. This puts suburb at number 55th in WA when ranking the most discounted suburbs.
At number 2594 in a list of fastest selling suburbs, Cottesloe is in the bottom 40% of suburbs in Australia with an average of days on market 99.34 for properties listed there.
Property investors should expect to get $850 weekly from the median priced house in this suburb.
At number 1672th in the list of Australian suburbs ordered by increase in median house value over the last year, Cottesloe, 6011 is in the BOTTOM 10% with a property value increase of -17.98% recorded in median house prices.
Cottesloe,6011 was ranked 1649 in Australia by increase in median property value over the quarter.
LACK OF BUYER INTEREST may well be the reason that Cottesloe is offering property investors an average of -8.31. This rate of discount on properties puts Suburb at number 64th in terms of most discounted suburbs in WA
At number 1317 in a list of fastest selling suburbs, Cottesloe is in the bottom 20% of suburbs in Australia with an average of days on market 117.63 for properties listed there.
Advertised rents are around the $460 mark per week – giving a return of 3.68% based on the median price in Suburb