Investment property in Ardeer 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 29.70%
The five-year average increase in median property values for Ardeer,3022 has given property investors a potential capital gain of 35.56% across each of those five years.
Our latest figures would indicate that property sellers in Ardeer are currently offering property investors an average price cut of 0.00% below the asking price at the moment.
In the last year 54 properties changed hands in Ardeer, which puts it as the 409th most active market in VIC when comparing the number of sales per suburb.
Situated 14.72km from the CBD, Ardeer is one of Brimbank localities in the postcode 3022.
Property investors who have had real estate in Ardeer, 3022 should be unhappy with this VIC suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -10.50%
While Ardeer,3022 ranked number 334th in VIC for increase in median house value (annualised) increase, it is ranked 291th over the last 5 years.
Ardeer, 3022’s gross rental yield is 5.07%