Thinking about buying in Kowen? Now could not be a better time, with just 21 residential dwellings it's a highly sought after location. The aproximate distance to the coast is 82 Km.
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Consistent high demand relative to supply is a key feature in Kowen driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Kowen ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. Low average earnings from people in Kowen leads to lower quality housing which also negatively impacts the provision of facilities. As a consequence this area is often seen as less desirable, with lower quality of housing and slower price growth. Low population density implies low demand and limits housing choices and price increases. Could be a good entry point for first home buyers needing to somehow get into the market. With very low industrial sector presence in Kowen the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.
Queanbeyan East Public School
St Gregory's Primary School
(While the above schools are located with the suburb of Kowen there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
source: Australian Government Bureau of Meteorology
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