With a capital gain of 6.75% for the last 12 months, Delahey, 3037 has performed for property investments than its average annual 5.81% property growth over the last 5 years.
A 10.30% growth in median value for property investors in Delahey,3037 puts this suburb at number 112th in terms of best performing suburbs in VIC
At number 489th of VIC’s most discounted properties, Delahey is in the TOP 30% of the state/territory when listing in order of most discounted to least.
Often selling an investment property can take time, and in Delahey the average time real estate has been on the market is 52.97 days.
A $340 per week rent on the median house gives suburb investors a gross yield of circa 4.18%, without taking into account capital value appreciation, which has been averaging out at 5.81%.
Property investors who have had real estate in Delahey, 3037 should be relatively pleased with this VIC suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 6.67%
While Delahey,3037 ranked number 76th in VIC for increase in median house value (annualised) increase, it is ranked 203th over the last 5 years.
Sellers are offering property buyers an average discount of -4.50% to buyers in Delahey at the moment, which is less than average for the rest of VIC.
In the last year 21 properties changed hands in Delahey, which puts it as the 294th most active market in VIC when comparing the number of sales per suburb.
Advertised rents are around the $320 mark per week – giving a return of 4.62% based on the median price in Suburb