With a capital gain of 8.70% for the last 12 months, Essendon West, 3040 has performed for property investments than its average annual 9.34% property growth over the last 5 years.
When looking at the potential capital gains offered to property investors over the last 3 years, Essendon West comes in at number 142th in VIC.
Essendon West, 3040 is offering VIC ‘s 116th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 20% of discounts offered by this VIC.
Using the current median advertised rental of $460 and the average annual increase in value of a median property of 9.34%, investors should hope to achieve an overall return of 2.39%