Property investors who have had real estate in Niddrie, 3042 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 8.41%
When looking at the potential capital gains offered to property investors over the last 3 years, Niddrie comes in at number 173th in VIC.
Niddrie3042 is located in VIC which offers an average discount of -5.99% to property investors. Niddrie itself is showing figures that indicate -2.83% is the average achievable by property buyers investing in the suburb.
At number 1119 in a list of fastest selling suburbs, Niddrie is in the TOP 30% of suburbs in Australia with an average of days on market 61.82 for properties listed there.
The VIC suburb of Niddrie, 3042 is in the Moonee Valley local government area.
VIC has seen average median house prices change by 4.09% which means that Niddrie, 3042 has done well for property investors by showing a capital gain of 8.45% over the last year
When looking at the potential capital gains offered to property investors over the last 3 years, Niddrie comes in at number 133th in VIC.
Property investors looking for a bargain in Niddrie should be aiming for at least -3.78% off the asking price, which is the average vendor discount being achieved at the moment.
Residents and property investors in Niddrie have been waiting around 60.05 days to sell a property.
Using the current median advertised rental of $380 and the average annual increase in value of a median property of 6.38%, investors should hope to achieve an overall return of 3.42%