Giving property investors a a solid capital gain of 22.69% for the last year, Tullamarine, 3043 is the 312th highest performer in Australia in this respect.
When looking at the potential capital gains offered to property investors over the last 3 years, Tullamarine comes in at number 101th in VIC.
LACK OF BUYER INTEREST may well be the reason that Tullamarine is offering property investors an average of -5.26. This rate of discount on properties puts Suburb at number 609th in terms of most discounted suburbs in VIC
In the last year 73 properties changed hands in Tullamarine, which puts it as the 352th most active market in VIC when comparing the number of sales per suburb.
Tullamarine is 342th on a list of best yielding suburbs for rents in VIC with a 3.19% return
Property investors who have had real estate in Tullamarine, 3043 should be ok 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 3.95%
Taking the average capital gain, or increase in median house value, Tullamarine,3043 has racked up an average of 3.95% over the period. This ranks it number 638th in the whole country for real estate investors looking at median house price increases.
Our latest figures would indicate that property sellers in Tullamarine are currently offering property investors an average price cut of -2.97% below the asking price at the moment.
Residents and property investors in Tullamarine have been waiting around 37.81 days to sell a property.
Property investors should expect to get $320 weekly from the median priced house in this suburb.