Sydenham has had a A very good year for property investment returns compared to the rest of VIC, giving investors a capital gain of 16.63% to date .
Across a shorter period, Sydenham, 3037 has seen a median price increase of 1.00% over the last quarter.
The most recent median price for Sydenham is $505000, with sellers offering an average of -3.41% off the asking price.
Often selling an investment property can take time, and in Sydenham the average time real estate has been on the market is 49.48 days.
Situated 21.31km from the CBD, Sydenham is one of Brimbank localities in the postcode 3037.
Sydenham, 3037 ranked 92th in VIC when comparing growth in median property values or capital gain over the last 12 months. Sydenham is one of 2098 in our list for VIC
Sydenham,3037 has offered an average of 9.74% return per annum in house price rises to property investors over the last three years.
Sydenham, 3037 is offering VIC ‘s 114th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 40% of discounts offered by this VIC.
In the last year 87 properties changed hands in Sydenham, which puts it as the 97th most active market in VIC when comparing the number of sales per suburb.
Using the current median advertised rental of $340 and the average annual increase in value of a median property of 4.77%, investors should hope to achieve an overall return of 5.23%