At number 93th in the list of Australian suburbs ordered by increase in median house value over the last year, Ardeer, 3022 is in the top 10% with a property value increase of 29.83% recorded in median house prices.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Ardeer has increased when compared to the 5 year average annual rate.
LACK OF BUYER INTEREST may well be the reason that Ardeer is offering property investors an average of -5.87. This rate of discount on properties puts Suburb at number 631th in terms of most discounted suburbs in VIC
Often selling an investment property can take time, and in Ardeer the average time real estate has been on the market is 54.35 days.
Advertised rents are around the $327.5 mark per week – giving a return of 3.21% based on the median price in Suburb
Ardeer is in the bottom 40% in VIC when comparing median price capital growth over the last year. Ardeer gave property investors a disappointing capital gain figure when compared to the rest of the state, with 1.52%.
While Ardeer,3022 ranked number 47th in VIC for increase in median house value (annualised) increase, it is ranked 340th over the last 5 years.
On average over the past year, suburb has had 0.92 sales per month, which equates to 11 per year.