VIC has seen average median house prices change by 8.13% which means that Pascoe Vale, 3044 has done well for property investors by showing a capital gain of 9.16% over the last year
Across a shorter period, Pascoe Vale, 3044 has seen a median price increase of 2.14% over the last quarter.
LACK OF BUYER INTEREST may well be the reason that Pascoe Vale is offering property investors an average of -5.99. This rate of discount on properties puts Suburb at number 590th in terms of most discounted suburbs in VIC
Property investors should expect to get $380 weekly from the median priced house in this suburb.
If you compare the increase in value of investment property in Pascoe Vale, 3044 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this VIC suburb was -3.54%.
While Pascoe Vale,3044 ranked number 242th in VIC for increase in median house value (annualised) increase, it is ranked 282th 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, 3044. Typically our figures indicate that -4.60% is being offered, which puts this VIC suburb at 868th most discounted overall in Australia.
Renters in Suburb are facing rents around $4320 per annum or $360 every week.