Investment property in Niddrie has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 5.11%
Across a shorter period, Niddrie, 3042 has seen a median price increase of 0.00% over the last quarter.
LACK OF BUYER INTEREST may well be the reason that Niddrie is offering property investors an average of -5.91. This rate of discount on properties puts Suburb at number 535th in terms of most discounted suburbs in VIC
With the median price for a house in Niddrie being $895000 and the advertised rent reaching $400 the gross rental yield for property investors calculates out to be 2.32%
Giving property investors a a solid capital gain of 16.01% for the last year, Niddrie, 3042 is the 194th highest performer in Australia in this respect.
Niddrie,3042 has offered an average of 16.01% return per annum in house price rises to property investors over the last three years.
Sellers are offering property buyers an average discount of -2.65% to buyers in Niddrie at the moment, which is less than average for the rest of VIC.
The VIC suburb of Niddrie, 3042 is in the Moonee Valley local government area.