Over the last year, property investments in Pascoe Vale South, 3044 have given investors a capital gain of 14.67%. This compares favourably with the 9.04% for VIC as a whole.
Taking the average capital gain, or increase in median house value, Pascoe Vale South,3044 has racked up an average of 14.67% over the period. This ranks it number 1327th in the whole country for real estate investors looking at median house price increases.
Property buyers and investors in Pascoe Vale South 3044 should be seeing an average reduction in asking price of around -0.80% . This means that Pascoe Vale South is holding prices well when compared to other suburbs in VIC.
Pascoe Vale South, 3044’s gross rental yield is 2.55%
At number 1467th in the list of Australian suburbs ordered by increase in median house value over the last year, Pascoe Vale South, 3044 is in the BOTTOM 20% with a property value increase of -7.09% recorded in median house prices.
While Pascoe Vale South,3044 ranked number 318th in VIC for increase in median house value (annualised) increase, it is ranked 249th over the last 5 years.
LACK OF BUYER INTEREST may well be the reason that Pascoe Vale South is offering property investors an average of -5.03. This rate of discount on properties puts Suburb at number 269th in terms of most discounted suburbs in VIC
Situated 6.94km from the CBD, Pascoe Vale South is one of Moreland localities in the postcode 3044.