GOWRIE ranks 8th in ACT when it comes to estimated capital gains experienced by property investors over the past three years.
The suburb’s capital gain of 3.3% for the past year is higher than average compared to its 9.89% growth within a five-year period.
Also in GOWRIE, the median home price is sitting at $572,000, and the average rent at $550, this suggests property owners could potentially earn a 5% increase in gross rental yield.
Property investors have seen a -0.52% drop in GOWRIE based on a decrease 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 3.42% growth over a ten-year period. It ranks 2196th on our list of suburbs that property investors should look into.