Over the last year, property investments in Hoppers Crossing, 3029 have given investors a capital gain of 19.64%. This compares very favourably with the 9.78% for VIC as a whole.
Over the longer term, Hoppers Crossing has seen property prices show investors a 34.33% return over the last 3 years. This is worse than over the last 12 months
LACK OF BUYER INTEREST may well be the reason that Hoppers Crossing is offering property investors an average of -5.71. This rate of discount on properties puts Suburb at number 458th in terms of most discounted suburbs in VIC
The VIC suburb of Hoppers Crossing, 3029 is in the Wyndham local government area.
Hoppers Crossing, 3029 ranked 117th in VIC when comparing growth in median property values or capital gain over the last 12 months. Hoppers Crossing is one of 2098 in our list for VIC
Taking the average capital gain, or increase in median house value, Hoppers Crossing,3029 has racked up an average of 8.62% over the period. This ranks it number 616th in the whole country for real estate investors looking at median house price increases.
Vendor discounting in Hoppers Crossing is giving property investors an average Vendor Discount of around -5.34%. This puts suburb at number 102th in VIC when ranking the most discounted suburbs.
In the last year 86 properties changed hands in Hoppers Crossing, which puts it as the 100th most active market in VIC when comparing the number of sales per suburb.
Using the current median advertised rental of $300 and the average annual increase in value of a median property of 5.12%, investors should hope to achieve an overall return of 4.95%