At number 2382th 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 50% with a property value increase of 3.08% recorded in median house prices.
While Pascoe Vale South,3044 ranked number 435th in VIC for increase in median house value (annualised) increase, it is ranked 321th over the last 5 years.
Vendor discounting in Pascoe Vale South is giving property investors an average Vendor Discount of around -6.67%. This puts suburb at number 192th in VIC when ranking the most discounted suburbs.
Often selling an investment property can take time, and in Pascoe Vale South the average time real estate has been on the market is 46.27 days.
Property investors should expect to get $420 weekly from the median priced house in this suburb.
VIC has seen average median house prices change by 3.56% which means that Pascoe Vale South, 3044 has done well for property investors by showing a capital gain of 13.66% over the last year
Over the longer term, Pascoe Vale South has seen property prices show investors a 28.31% return over the last 3 years. This is worse than over the last 12 months
The most recent median price for Pascoe Vale South is $532500, 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 91.05 days.
Pascoe Vale South is 302th on a list of best yielding suburbs for rents in VIC with a 3.42% return