If you compare the increase in value of investment property in Niddrie, 3042 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this VIC suburb was 9.23%.
A 41.13% growth in median value for property investors in Niddrie,3042 puts this suburb at number 115th in terms of best performing suburbs in VIC
The most recent median price for Niddrie is $935000, with sellers offering an average of -2.71% off the asking price.
On average over the past year, suburb has had 6.50 sales per month, which equates to 78 per year.
Renters in Suburb are facing rents around $4860 per annum or $405 every week.
Investment property in Niddrie has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 18.86%
When looking at the potential capital gains offered to property investors over the last 3 years, Niddrie comes in at number 29th in VIC.
Our latest figures would indicate that property sellers in Niddrie are currently offering property investors an average price cut of -2.57% below the asking price at the moment.
On average over the past year, suburb has had 2.92 sales per month, which equates to 35 per year.