Over the last year, property investments in Cowes, 3922 have given investors a capital gain of 5.69%. This compares favourably with the 0.01% for VIC as a whole.
When looking at the potential capital gains offered to property investors over the last 3 years, Cowes comes in at number 48th in VIC.
Sellers are offering property buyers an average discount of -7.94% to buyers in Cowes at the moment, which is less than average for the rest of VIC.
At number 3246 in a list of fastest selling suburbs, Cowes is in the bottom 20% of suburbs in Australia with an average of days on market 118.558 for properties listed there.
Situated 75.10km from the CBD, Cowes is one of Bass Coast (S) localities in the postcode 3922.
Property value increases in Cowes have tracked close to the VIC average of 3.98% over the last 12 months.
If we look at median property appreciation over just the last three months, Cowes has given property investors a paper return of 7.68%. This puts Suburb as 41 on a list of fastest fasting appreciating suburbs in VIC
Property buyers and investors in Cowes 3922 should be seeing an average reduction in asking price of around -6.22% . This means that Cowes is holding prices well when compared to other suburbs in VIC.
Cowes, 3922’s gross rental yield is 4.24%