GOWRIE ranks 3rd in ACT when it comes to estimated capital gains experienced by property investors over the past three years.
The suburb’s capital gain of 4.51% for the past year is higher than average compared to its 8.1% growth within a five-year period.
Also in GOWRIE, the median home price is sitting at $567,500, and the average rent at $537.5, this suggests property owners could potentially earn a 4.93% increase in gross rental yield.
Property investors have seen a 1.34% gain in GOWRIE based on an increase in median home prices for the past three months.
A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 3.35% growth over a ten-year period. It ranks 2278th on our list of suburbs that property investors should look into.