Delahey, 3037 ranked 93th in VIC when comparing growth in median property values or capital gain over the last 12 months. Delahey is one of 2098 in our list for VIC
A 27.16% growth in median value for property investors in Delahey,3037 puts this suburb at number 248th in terms of best performing suburbs in VIC
State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.87% offered to property buyers. Sellers in Delahey itself are offering an average vendor discount of -3.69% to real estate investors.
With the median price for a house in Delahey being $470500 and the advertised rent reaching $350 the gross rental yield for property investors calculates out to be 3.87%
Investment property in Delahey has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 1.27%
Delahey,3037 was ranked 679 in Australia by increase in median property value over the quarter.
Vendor discounting in Delahey is giving property investors an average Vendor Discount of around -3.45%. This puts suburb at number 266th in VIC when ranking the most discounted suburbs.
Often selling an investment property can take time, and in Delahey the average time real estate has been on the market is 41 days.
A $340 per week rent on the median house gives suburb investors a gross yield of circa 4.91%, without taking into account capital value appreciation, which has been averaging out at 3.86%.