Investment property in Peterborough has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 4.35%
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Peterborough has fallen somewhat when compared to the 5 year average annual rate.
State is the 5th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.56% offered to property buyers. Sellers in Peterborough itself are offering an average vendor discount of -13.39% to real estate investors.
Advertised rents are around the $157.5 mark per week – giving a return of 9.75% based on the median price in Suburb