Giving property investors a an unimpressive capital gain of -1.09% for the last year, Pimlico, 4812 is the 3123th highest performer in Australia in this respect.
Pimlico,4812 was ranked 3778 in Australia by increase in median property value over the quarter.
State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.21% offered to property buyers. Sellers in Pimlico itself are offering an average vendor discount of -10.07% to real estate investors.
A $280 per week rent on the median house gives suburb investors a gross yield of circa 4.59%, without taking into account capital value appreciation, which has been averaging out at 1.24%.