Investment property in Pascoe Vale South has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 6.85%
While Pascoe Vale South,3044 ranked number 131th in VIC for increase in median house value (annualised) increase, it is ranked 265th over the last 5 years.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Pascoe Vale South, 3044. Typically our figures indicate that -7.50% is being offered, which puts this VIC suburb at 1008th most discounted overall in Australia.
Pascoe Vale South is 460th on a list of best yielding suburbs for rents in VIC with a 2.80% return
Pascoe Vale South is in the TOP 30% in VIC when comparing median price capital growth over the last year. Pascoe Vale South gave property investors a good capital gain figure when compared to the rest of the state, with 8.96%.
Pascoe Vale South,3044 was ranked 1101 in Australia by increase in median property value over the quarter.
The most recent median price for Pascoe Vale South is $535000, with sellers offering an average of -2.79% off the asking price.
Often selling an investment property can take time, and in Pascoe Vale South the average time real estate has been on the market is 97.61 days.
Pascoe Vale South, 3044’s gross rental yield is 3.40%