Property investors who have had real estate in Seddon, 3011 should be relatively pleased with this VIC suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 9.42%
Seddon,3011 was ranked 1325 in Australia by increase in median property value over the quarter.
In the last year 83 properties changed hands in Seddon, which puts it as the 307th most active market in VIC when comparing the number of sales per suburb.
The VIC suburb of Seddon, 3011 is in the Maribyrnong local government area.
Property value increases in Seddon have tracked just higher than the VIC average of 3.11% over the last 12 months.
Seddon,3011 was ranked 239 in Australia by increase in median property value over the quarter.
A $360 per week rent on the median house gives suburb investors a gross yield of circa 3.76%, without taking into account capital value appreciation, which has been averaging out at 4.98%.