Property value increases in Delahey have tracked just higher than the VIC average of 7.68% over the last 12 months.
Taking the average capital gain, or increase in median house value, Delahey,3037 has racked up an average of 11.81% over the period. This ranks it number 1737th in the whole country for real estate investors looking at median house price increases.
Sellers are offering property buyers an average discount of -4.13% to buyers in Delahey at the moment, which is less than average for the rest of VIC.
Often selling an investment property can take time, and in Delahey the average time real estate has been on the market is 54.32 days.
Delahey is 244th on a list of best yielding suburbs for rents in VIC with a 4.09% return
Giving property investors a an average capital gain of 1.30% for the last year, Delahey, 3037 is the 968th highest performer in Australia in this respect.
When looking at the potential capital gains offered to property investors over the last 3 years, Delahey comes in at number 175th in VIC.
Our latest figures would indicate that property sellers in Delahey are currently offering property investors an average price cut of -4.57% below the asking price at the moment.
On average over the past year, suburb has had 1.75 sales per month, which equates to 21 per year.