Over the last year, property investments in Derrimut, 3030 have given investors a capital gain of 12.94%. This compares favourably with the 9.04% for VIC as a whole.
Comparing Derrimut,3030 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Property buyers and investors in Derrimut 3030 should be seeing an average reduction in asking price of around -3.45% . This means that Derrimut is holding prices well when compared to other suburbs in VIC.
At number 210 in a list of fastest selling suburbs, Derrimut is in the TOP 10% of suburbs in Australia with an average of days on market 37.63 for properties listed there.
A $400 per week rent on the median house gives suburb investors a gross yield of circa 3.84%, without taking into account capital value appreciation, which has been averaging out at 5.21%.