Cowes has had a quite poor year for property investment returns compared to the rest of VIC, giving investors a capital gain of 10.08% to date .
Taking the average capital gain, or increase in median house value, Cowes,3922 has racked up an average of 10.08% over the period. This ranks it number 2318th in the whole country for real estate investors looking at median house price increases.
Advertised rents are around the $300 mark per week – giving a return of 3.76% based on the median price in Suburb
VIC has seen average median house prices change by 6.72% which means that Cowes, 3922 has done well for property investors by showing a capital gain of -0.90% over the last year
The five-year average increase in median property values for Cowes,3922 has given property investors a potential capital gain of 12.07% across each of those five years.
A $265 per week rent on the median house gives suburb investors a gross yield of circa 4.15%, without taking into account capital value appreciation, which has been averaging out at 1.32%.