WA has seen average median house prices change by -1.76% which means that Cottesloe, 6011 has not done well for property investors by showing a capital gain of 1.50% over the last year
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Cottesloe has increased when compared to the 5 year average annual rate.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Cottesloe, 6011. Typically our figures indicate that -5.16% is being offered, which puts this WA suburb at 2256th most discounted overall in Australia.
At number 1482 in a list of fastest selling suburbs, Cottesloe is in the TOP 40% of suburbs in Australia with an average of days on market 64.02 for properties listed there.
The WA suburb of Cottesloe, 6011 is in the Cottesloe local government area.
Over the last year, property investments in Cottesloe, 6011 have given investors a capital gain of 3.27%. This compares very favourably with the -5.68% for WA as a whole.
Taking the average capital gain, or increase in median house value, Cottesloe,6011 has racked up an average of 3.27% over the period. This ranks it number 1250th in the whole country for real estate investors looking at median house price increases.
State is the 2nd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -8.98% offered to property buyers. Sellers in Cottesloe itself are offering an average vendor discount of -5.32% to real estate investors.