Property investors who have had real estate in Hillside, 3037 should be 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 13.58%
Hillside,3037 has offered an average of 13.58% return per annum in house price rises to property investors over the last three years.
Vendor discounting in Hillside is giving property investors an average Vendor Discount of around -7.04%. This puts suburb at number 145th in VIC when ranking the most discounted suburbs.
Renters in Suburb are facing rents around $4440 per annum or $370 every week.
If you compare the increase in value of investment property in Hillside, 3037 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this VIC suburb was 4.66%.
Hillside,3037 was ranked 694 in Australia by increase in median property value over the quarter.
LACK OF BUYER INTEREST may well be the reason that Hillside is offering property investors an average of -5.03. This rate of discount on properties puts Suburb at number 268th in terms of most discounted suburbs in VIC
With the median price for a house in Hillside being $382000 and the advertised rent reaching $347.5 the gross rental yield for property investors calculates out to be 4.73%