At number 703th in the list of Australian suburbs ordered by increase in median house value over the last year, Gladstone Park, 3043 is in the top 20% with a property value increase of 13.04% recorded in median house prices.
Over the longer term, Gladstone Park has seen property prices show investors a 33.33% return over the last 3 years. This is worse than over the last 12 months
State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.00% offered to property buyers. Sellers in Gladstone Park itself are offering an average vendor discount of -4.09% to real estate investors.
In the last year 116 properties changed hands in Gladstone Park, which puts it as the 224th most active market in VIC when comparing the number of sales per suburb.
Property investors should expect to get $360 weekly from the median priced house in this suburb.