At number 3245th in the list of Australian suburbs ordered by increase in median house value over the last year, Cedar Vale, 4285 is in the BOTTOM 30% with a property value increase of -3.01% recorded in median house prices.
Across a shorter period, Cedar Vale, 4285 has seen a median price increase of -0.22% over the last quarter.
State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.29% offered to property buyers. Sellers in Cedar Vale itself are offering an average vendor discount of -6.50% to real estate investors.
A $480 per week rent on the median house gives suburb investors a gross yield of circa 5.53%, without taking into account capital value appreciation, which has been averaging out at 3.07%.