Property value increases in Hoppers Crossing have tracked just higher than the VIC average of 8.06% over the last 12 months.
Comparing Hoppers Crossing,3029 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Our latest figures would indicate that property sellers in Hoppers Crossing are currently offering property investors an average price cut of -4.50% below the asking price at the moment.
A $325 per week rent on the median house gives suburb investors a gross yield of circa 4.12%, without taking into account capital value appreciation, which has been averaging out at 6.34%.
At number 714th in the list of Australian suburbs ordered by increase in median house value over the last year, Hoppers Crossing, 3029 is in the top half with a property value increase of 4.74% recorded in median house prices.
A 10.56% growth in median value for property investors in Hoppers Crossing,3029 puts this suburb at number 229th in terms of best performing suburbs in VIC
Hoppers Crossing, 3029 is offering VIC ‘s 130th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 40% of discounts offered by this VIC.
With the median price for a house in Hoppers Crossing being $298500 and the advertised rent reaching $290 the gross rental yield for property investors calculates out to be 5.05%