Investment property in Delahey has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 21.74%
The five-year average increase in median property values for Delahey,3037 has given property investors a potential capital gain of 35.17% across each of those five years.
Delahey3037 is located in VIC which offers an average discount of -5.71% to property investors. Delahey itself is showing figures that indicate -2.09% is the average achievable by property buyers investing in the suburb.
VIC has seen average median house prices change by 4.83% which means that Delahey, 3037 has done well for property investors by showing a capital gain of 1.27% over the last year
Delahey,3037 was ranked 625 in Australia by increase in median property value over the quarter.
State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -4.95% offered to property buyers. Sellers in Delahey itself are offering an average vendor discount of -3.58% to real estate investors.
With the median price for a house in Delahey being $357500 and the advertised rent reaching $340 the gross rental yield for property investors calculates out to be 4.95%