Property investors enjoyed capital gains of 3.41% over the last 12 months in BOWDEN, translating to lower returns compared with its peers in SA.
A survey of average capital gains or median home price increase in suburbs across the country shows that BOWDEN, 5007 obtained a 4.1% growth over a ten-year period. It ranks 928th on our list of suburbs that property investors should look into.
BOWDEN, 5007 has a capital gain of 3.41% for the past year, which is higher than average compared to its 2.08% growth within a five-year period.
With the median home price in BOWDEN sitting at $436,900, and the average rent at $387.5, property owners could potentially earn a 4.61% increase in gross rental yield.
A 3.41% increase in median property prices in BOWDEN, 5007 has allowed this suburb to join the ranks of best performing suburbs in SA, settling at number 85th.
Figures from the previous quarter show that capital gains for real estate buyers in BOWDEN are low, as opposed to average gains per annum over the past five years.
BOWDEN, 5007 in SA belongs to the local government area of Charles Sturt.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | N/A | $436,900 |
| GROWTH REPORT | ||
| Median Quarterly | N/A | 0.21% |
| Median 12 month | N/A | 3.41% |
| Median 3 years | N/A | N/A |
| Median 5 years | N/A | 2.08% |
| 10 years average annual | N/A | 4.1% |
| Weekly media advert. rent | N/A | $387.5 |
| Time on Market | N/A | 0.0 days |
| Gross Rental Yield Percent | N/A | 4.61% |
There is a threshold for the land value...
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