Powered by MOMENTUM MEDIA
Gowrie
AREA REPORTS

Gowrie

Gowrie - SUBURB PROFILE REPORT
POSTAL CODE: ACT, 2904

house
GOWRIE ranks 30th in ACT when it comes to estimated capital gains experienced by property investors over the past three years.

The suburb’s capital gain of 17.66% for the past year is higher than average compared to its 41.81% growth within a five-year period.

Also in GOWRIE, the median home price is sitting at $753,000, and the average rent at $575, this suggests property owners could potentially earn a 3.97% increase in gross rental yield.

Property investors have seen a 4.66% gain in GOWRIE based on an increase in median home prices for the past three months.

They believe that homeowners and real estate investors betting on GOWRIE, 2904 can rest assured about this ACT suburb's performance. The suburb saw median home prices rise by 17.66%.

A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 4.73% growth over a ten-year period. It ranks 2193rd on our list of suburbs that property investors should look into.

Surburb overview

Gowrie is a suburb in the Tuggeranong District of Canberra. It is situated beside the suburbs of Monash, Wanniassa, Fadden, Richardson and Chisholm. Gazetted in 1975, Gowrie was named in honour of Australian governor-general Alexander Gore Arkwright Hore-Ruthven. The suburb’s street name theme revolves around armed service personnel.

Residents and visitors can expect a generally nifty to moderate weather in Gowrie. The suburb straddles a flat land near the foothills of Mount Wanniassa and rests on an elevation that’s 600 to 650 metres above sea level. An aerial view of Gowrie would shows roofs interspersed with a lot of foliage, against a backdrop of verdant, rolling hills and mountain ranges.

Average property prices

Most of the dwelling structures in Gowrie were three-bedroom houses, followed by semi-detached homes. Apartment units for sale seldom come by, as most new developments are concentrated in the neighbouring suburbs of Greenway, Wanniassa and Farrer.   

The average house price in the suburb is $548,250, which reflects an estimated 11 per cent increase in the past five years. There are older properties on offer below that range, but are nonetheless situated in a good location that’s in close proximity of schools and amenities. Meanwhile, $450,000 can get you a decent, one-bedroom apartment unit in Gowrie. The average rate for rental properties has risen by an estimated 5 per cent per month.

Data report can be found below

Gowrie
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $753,000 N/A
GROWTH REPORT
Median Quarterly 4.66% N/A
Median 12 month 17.66% N/A
Median 3 years 30.22% N/A
Median 5 years 41.81% N/A
10 years average annual 4.73% N/A
Weekly media advert. rent $575 N/A
Time on Market 0.0 days N/A
Gross Rental Yield Percent 3.97% N/A
demographics (median values)*
Total Population
12863
Weekly Household Income
2260
Household Size
2.70
Age
42
Monthly Loan Repayment
2123
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
select a category
Age group
Top 10 Birth Countries
Dwelling Structures
Education
Household Income
Labour Force
Marital Status
Occupation
Religious Affiliation
Tenure Type

Get the latest news & updates

Join a community of over 100,000 property investors.

Check this box to receive podcast updates

Related Articles


Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.