If you compare the increase in value of investment property in Sydenham, 3037 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this VIC suburb was 11.70%.
Comparing Sydenham,3037 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Sydenham, 3037. Typically our figures indicate that -2.48% is being offered, which puts this VIC suburb at 3611th most discounted overall in Australia.
Residents and property investors in Sydenham have been waiting around 32.84 days to sell a property.
Sydenham is 283th on a list of best yielding suburbs for rents in VIC with a 3.66% return
Sydenham is an average performer in VIC when comparing median price capital growth over the last year. Sydenham gave property investors a average capital gain figure when compared to the rest of the state, with 2.42%.
Sydenham,3037 has offered an average of 2.42% return per annum in house price rises to property investors over the last three years.
The most recent median price for Sydenham is $338000, with sellers offering an average of -5.08% off the asking price.
Residents and property investors in Sydenham have been waiting around 89.46 days to sell a property.
Sydenham, 3037’s gross rental yield is 5.23%