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 29.05%
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.
The most recent median price for Ardeer is $517500, with sellers offering an average of 0.00% off the asking price.
In the last year 55 properties changed hands in Ardeer, which puts it as the 404th most active market in VIC when comparing the number of sales per suburb.
Giving property investors a an unimpressive capital gain of -0.90% for the last year, Ardeer, 3022 is the 1195th highest performer in Australia in this respect.
While Ardeer,3022 ranked number 62th in VIC for increase in median house value (annualised) increase, it is ranked 160th over the last 5 years.
A $320 per week rent on the median house gives suburb investors a gross yield of circa 4.64%, without taking into account capital value appreciation, which has been averaging out at 10.16%.