Hillside, 3037 ranked 287th in VIC when comparing growth in median property values or capital gain over the last 12 months. Hillside is one of 2098 in our list for VIC
The five-year average increase in median property values for Hillside,3037 has given property investors a potential capital gain of 21.98% across each of those five years.
Vendor discounting in Hillside is giving property investors an average Vendor Discount of around -5.60%. This puts suburb at number 312th in VIC when ranking the most discounted suburbs.
A $370 per week rent on the median house gives suburb investors a gross yield of circa 3.81%, without taking into account capital value appreciation, which has been averaging out at 6.00%.
Hillside, 3037 ranked 105th in VIC when comparing growth in median property values or capital gain over the last 12 months. Hillside is one of 2098 in our list for VIC
Over the longer term, Hillside has seen property prices show investors a 16.02% return over the last 3 years. This is worse than over the last 12 months
State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.22% offered to property buyers. Sellers in Hillside itself are offering an average vendor discount of -3.66% to real estate investors.
Often selling an investment property can take time, and in Hillside the average time real estate has been on the market is 62.92 days.
Situated 23.02km from the CBD, Hillside is one of Melton localities in the postcode 3037.