With a capital gain of 13.17% for the last 12 months, Pascoe Vale South, 3044 has performed for property investments than its average annual 8.48% property growth over the last 5 years.
Taking the average capital gain, or increase in median house value, Pascoe Vale South,3044 has racked up an average of 13.17% over the period. This ranks it number 1477th in the whole country for real estate investors looking at median house price increases.
Pascoe Vale South, 3044 is offering VIC ‘s 620th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 10% of discounts offered by this VIC.
A $445 per week rent on the median house gives suburb investors a gross yield of circa 2.62%, without taking into account capital value appreciation, which has been averaging out at 8.48%.
Giving property investors a an unimpressive capital gain of -3.44% for the last year, Pascoe Vale South, 3044 is the 1331th highest performer in Australia in this respect.
Pascoe Vale South,3044 was ranked 324 in Australia by increase in median property value over the quarter.
LACK OF BUYER INTEREST may well be the reason that Pascoe Vale South is offering property investors an average of -4.83. This rate of discount on properties puts Suburb at number 164th in terms of most discounted suburbs in VIC
At number 905 in a list of fastest selling suburbs, Pascoe Vale South is in the bottom 40% of suburbs in Australia with an average of days on market 83.28 for properties listed there.
Property investors should expect to get $380 weekly from the median priced house in this suburb.