Property investors who have had real estate in Cottesloe, 6011 should be unhappy with this WA suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -4.91%
Across a shorter period, Cottesloe, 6011 has seen a median price increase of 1.97% over the last quarter.
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 -6.90% is being offered, which puts this WA suburb at 1076th most discounted overall in Australia.
Situated 10.35km from the CBD, Cottesloe is one of Cottesloe (T) localities in the postcode 6011.
With a capital gain of -13.66% for the last 12 months, Cottesloe, 6011 has performed for property investments than its average annual 0.15% property growth over the last 5 years.
Over the longer term, Cottesloe has seen property prices show investors a 10.63% return over the last 3 years. This is worse than over the last 12 months
Vendor discounting in Cottesloe is giving property investors an average Vendor Discount of around -6.44%. This puts suburb at number 69th in WA when ranking the most discounted suburbs.
In the last year 44 properties changed hands in Cottesloe, which puts it as the 36th most active market in WA when comparing the number of sales per suburb.