Suburb Profile Report for Cowes VIC (3922)

Cowes House: Median price $524,000, Annual capital growth 6.69%, Number of sales 164, Weekly median advertised rent $378

Cowes Unit: Median price $357,500, Annual capital growth 4.36%, Number of sales 50, Weekly median advertised rent $310

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: Monthly data update for Nov 2019 as supplied by CoreLogic. Data is reported to the period ending Aug 2019. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report
  • Unit Report

Cowes, 3922 ranked 71th in VIC when comparing growth in median property values or capital gain over the last 12 months. Cowes is one of 2099 in our list for VIC

If we look at median property appreciation over just the last three months, Cowes has given property investors a paper return of -0.19%. This puts Suburb as 349 on a list of fastest fasting appreciating suburbs in VIC

Cowes, 3922 is offering VIC ‘s 161th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 30% of discounts offered by this VIC.

At number 3123 in a list of fastest selling suburbs, Cowes is in the bottom 20% of suburbs in Australia with an average of days on market 110.731 for properties listed there.

Cowes is 251th on a list of best yielding suburbs for rents in VIC with a 3.75% return

Cowes is in the bottom 40% in VIC when comparing median price capital growth over the last year. Cowes gave property investors a disappointing capital gain figure when compared to the rest of the state, with -3.77%.

A 10.00% growth in median value for property investors in Cowes,3922 puts this suburb at number 82th in terms of best performing suburbs in VIC

Property buyers and investors in Cowes 3922 should be seeing an average reduction in asking price of around -6.49% . This means that Cowes is holding prices well when compared to other suburbs in VIC.

Residents and property investors in Cowes have been waiting around 116.237 days to sell a property.

Situated 75.03km from the CBD, Cowes is one of Bass Coast (S) localities in the postcode 3922.

Metrics i HOUSE UNIT
$524,000 $357,500
-0.19% 4.38%
11.49% -3.77%
6.69% 4.36%
$378 $310
164 50
3.75% 4.51%
110.731034482759 116.236842105263

Source: Monthly data update for Nov 2019 as supplied by CoreLogic. Data is reported to the period ending Aug 2019. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Below average (H), Above average (U)
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Demographics
Total population 4053
Median household income ($/weekly) 735
Median age of persons 51
Median housing loan repayment ($/monthly) 1450
Average household size 2.1
  • Census Count Percent(%)
    35-44 years 498 12.3
    45-54 years 458 11.3
    55-64 years 594 14.7
    65-74 years 596 14.7
    75-84 years 427 10.5
    Others 1481 36.5
    Age Group
    Census Count Percent(%)
    Registered Married 1408 49.2
    Not Married 1185 41.4
    Defacto Relationship 268 9.4
    Social Marital Status
  • Census Count Percent(%)
    Australia 3063 79.7
    Japan 39 1.0
    Papua New Guinea 79 2.1
    United Kingdom 347 9.0
    Other 81 2.1
    Others 234 6.1
    Country of Birth
    Census Count Percent(%)
    Buddhism 47 1.3
    Christianity 2384 66.1
    Hinduism 6 0.2
    Other Religious Groups 17 0.5
    No Religion 1142 31.7
    Others 11 0.3
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 190 12.5
    $400-$599 291 19.2
    $600-$799 206 13.6
    $800-$999 181 11.9
    $1,000-$1,249 130 8.6
    Others 521 34.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1657 50.9
    Employed, worked full-time 827 25.4
    Employed, worked part-time 571 17.5
    Employed, away from work 104 3.2
    Unemployed, looking for work 98 3.0
    Person Characteristics
  • Census Count Percent(%)
    Managers 195 13.0
    Professionals 194 13.0
    Technicians & trades workers 309 20.6
    Sales 186 12.4
    Labourers 201 13.4
    Others 412 27.5
    Occupation
    Census Count Percent(%)
    Pre-school 57 8.8
    Infants/Primary 254 39.1
    Secondary 200 30.8
    Technical or Further Educational Institution 66 10.2
    University or other Tertiary Institutions 38 5.8
    Others 35 5.4
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 3140 89.8
    Semi-detached, row or terrace house, townhouse 222 6.4
    Flat, unit or apartment 112 3.2
    Caravan, cabin, houseboat 16 0.5
    House or flat attached to a shop, office 6 0.2
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 714 44.0
    Rented 530 32.7
    Being purchased 354 21.8
    Other tenure type 23 1.4
    Tenure Type
Census 2011, ABS
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