With a capital gain of -2.35% for the last 12 months, Pallarenda, 4810 has performed for property investments than its average annual 0.46% property growth over the last 5 years.
Over the longer term, Pallarenda has seen property prices show investors a 0.00% return over the last 3 years. This is worse than over the last 12 months
State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.31% offered to property buyers. Sellers in Pallarenda itself are offering an average vendor discount of -8.26% to real estate investors.
Often selling an investment property can take time, and in Pallarenda the average time real estate has been on the market is 47.66 days.