Property value increases in Hillside have tracked just higher than the VIC average of 9.78% over the last 12 months.
Across a shorter period, Hillside, 3037 has seen a median price increase of 3.87% over the last quarter.
Hillside3037 is located in VIC which offers an average discount of -5.71% to property investors. Hillside itself is showing figures that indicate -6.91% is the average achievable by property buyers investing in the suburb.
Giving property investors a a stable capital gain of 6.76% for the last year, Hillside, 3037 is the 609th highest performer in Australia in this respect.
While Hillside,3037 ranked number 163th in VIC for increase in median house value (annualised) increase, it is ranked 117th over the last 5 years.
Vendor discounting in Hillside is giving property investors an average Vendor Discount of around -3.34%. This puts suburb at number 263th in VIC when ranking the most discounted suburbs.
In the last year 47 properties changed hands in Hillside, which puts it as the 190th most active market in VIC when comparing the number of sales per suburb.
A $350 per week rent on the median house gives suburb investors a gross yield of circa 4.56%, without taking into account capital value appreciation, which has been averaging out at 5.88%.