If you compare the increase in value of investment property in Cowandilla, 5033 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this SA suburb was 1.09%.
Our latest figures would indicate that property sellers in Cowandilla are currently offering property investors an average price cut of -5.18% below the asking price at the moment.
At number 986 in a list of fastest selling suburbs, Cowandilla is in the TOP 30% of suburbs in Australia with an average of days on market 53.72 for properties listed there.
Using the current median advertised rental of $420 and the average annual increase in value of a median property of 3.16%, investors should hope to achieve an overall return of 4.70%