If you compare the increase in value of investment property in Bowen, 4805 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this QLD suburb was 15.05%.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Bowen has increased when compared to the 5 year average annual rate.
Property investors looking for a bargain in Bowen should be aiming for at least -6.53% off the asking price, which is the average vendor discount being achieved at the moment.
On average over the past year, suburb has had 21.25 sales per month, which equates to 255 per year.
Investment property in Bowen 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 -10.98%
A 11.90% growth in median value for property investors in Bowen,4805 puts this suburb at number 371th in terms of best performing suburbs in QLD
Bowen is 79th on a list of best yielding suburbs for rents in QLD with a 6.64% return