Giving property investors a an unimpressive capital gain of 0.00% for the last year, Spotswood, 3015 is the 3028th highest performer in Australia in this respect.
Over the longer term, Spotswood has seen property prices show investors a 34.81% return over the last 3 years. This is worse than over the last 12 months
Property investors looking for a bargain in Spotswood should be aiming for at least -3.29% off the asking price, which is the average vendor discount being achieved at the moment.
On average over the past year, suburb has had 4.00 sales per month, which equates to 48 per year.
Property investors should expect to get $490 weekly from the median priced house in this suburb.
Investment property in Spotswood has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 23.86%
If we look at median property appreciation over just the last three months, Spotswood has given property investors a paper return of 1.87%. This puts Suburb as 158 on a list of fastest fasting appreciating suburbs in VIC
Spotswood is 186th on a list of best yielding suburbs for rents in VIC with a 4.06% return