Derrimut is an average performer in VIC when comparing median price capital growth over the last year. Derrimut gave property investors a good capital gain figure when compared to the rest of the state, with 11.58%.
Derrimut,3030 was ranked 1931 in Australia by increase in median property value over the quarter.
Sellers are offering property buyers an average discount of -3.71% to buyers in Derrimut at the moment, which is less than average for the rest of VIC.
In the last year 108 properties changed hands in Derrimut, which puts it as the 243th most active market in VIC when comparing the number of sales per suburb.
A $400 per week rent on the median house gives suburb investors a gross yield of circa 3.92%, without taking into account capital value appreciation, which has been averaging out at 4.45%.