VIC has seen average median house prices change by 8.27% which means that Pascoe Vale, 3044 has done well for property investors by showing a capital gain of 10.46% over the last year
If we look at median property appreciation over just the last three months, Pascoe Vale has given property investors a paper return of 2.32%. This puts Suburb as 286 on a list of fastest fasting appreciating suburbs in VIC
Our latest figures would indicate that property sellers in Pascoe Vale are currently offering property investors an average price cut of -3.07% below the asking price at the moment.
Using the current median advertised rental of $390 and the average annual increase in value of a median property of 8.03%, investors should hope to achieve an overall return of 2.70%
Property value increases in Pascoe Vale have tracked close to the VIC average of 3.49% over the last 12 months.
When looking at the potential capital gains offered to property investors over the last 3 years, Pascoe Vale comes in at number 234th in VIC.
Pascoe Vale, 3044 is offering VIC ‘s 217th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 40% of discounts offered by this VIC.