Property investors who have had real estate in Sydenham, 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 15.52%
Taking the average capital gain, or increase in median house value, Sydenham,3037 has racked up an average of 15.52% over the period. This ranks it number 1914th in the whole country for real estate investors looking at median house price increases.
Our latest figures would indicate that property sellers in Sydenham are currently offering property investors an average price cut of -5.96% below the asking price at the moment.
Often selling an investment property can take time, and in Sydenham the average time real estate has been on the market is 61.41 days.
Sydenham is 297th on a list of best yielding suburbs for rents in VIC with a 3.90% return
Sydenham, 3037 ranked 49th 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
Over the longer term, Sydenham has seen property prices show investors a 7.55% return over the last 3 years. This is an improvement over the last 12 months
The most recent median price for Sydenham is $327500, with sellers offering an average of -5.82% off the asking price.
Residents and property investors in Sydenham have been waiting around 80.44 days to sell a property.