Over the last year, property investments in Spotswood, 3015 have given investors a capital gain of 12.89%. This compares favourably with the 8.12% for VIC as a whole.
If we look at median property appreciation over just the last three months, Spotswood has given property investors a paper return of -0.28%. This puts Suburb as 554 on a list of fastest fasting appreciating suburbs in VIC
State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.00% offered to property buyers. Sellers in Spotswood itself are offering an average vendor discount of -1.30% to real estate investors.
Spotswood, 3015 ranked 372th in VIC when comparing growth in median property values or capital gain over the last 12 months. Spotswood is one of 2098 in our list for VIC
A $372.5 per week rent on the median house gives suburb investors a gross yield of circa 4.55%, without taking into account capital value appreciation, which has been averaging out at 6.77%.