If you compare the increase in value of investment property in Cape Woolamai, 3925 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this VIC suburb was 12.21%.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Cape Woolamai has increased when compared to the 5 year average annual rate.
Cape Woolamai, 3925 is offering VIC ‘s 204th 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.
In the last year 74 properties changed hands in Cape Woolamai, which puts it as the 350th most active market in VIC when comparing the number of sales per suburb.
With the median price for a house in Cape Woolamai being $466500 and the advertised rent reaching $320 the gross rental yield for property investors calculates out to be 3.57%