Property investors who have had real estate in Taylors Lakes, 3038 should be relatively 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 11.30%
Taylors Lakes,3038 was ranked 1222 in Australia by increase in median property value over the quarter.
Taylors Lakes3038 is located in VIC which offers an average discount of -5.91% to property investors. Taylors Lakes itself is showing figures that indicate -3.99% is the average achievable by property buyers investing in the suburb.
At number 1392 in a list of fastest selling suburbs, Taylors Lakes is in the TOP 40% of suburbs in Australia with an average of days on market 69.52 for properties listed there.
Using the current median advertised rental of $415 and the average annual increase in value of a median property of 6.51%, investors should hope to achieve an overall return of 3.37%
If you compare the increase in value of investment property in Taylors Lakes, 3038 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this VIC suburb was -8.93%.
Taylors Lakes,3038 was ranked 1518 in Australia by increase in median property value over the quarter.
Property buyers and investors in Taylors Lakes 3038 should be seeing an average reduction in asking price of around -4.24% . This means that Taylors Lakes is holding prices well when compared to other suburbs in VIC.
At number 457 in a list of fastest selling suburbs, Taylors Lakes is in the TOP 40% of suburbs in Australia with an average of days on market 63.46 for properties listed there.
Advertised rents are around the $350 mark per week – giving a return of 5.03% based on the median price in Suburb