With a capital gain of 9.19% for the last 12 months, Pascoe Vale, 3044 has performed for property investments than its average annual 7.96% property growth over the last 5 years.
Comparing Pascoe Vale,3044 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Property buyers and investors in Pascoe Vale 3044 should be seeing an average reduction in asking price of around -3.16% . This means that Pascoe Vale is holding prices well when compared to other suburbs in VIC.
On average over the past year, suburb has had 15.17 sales per month, which equates to 182 per year.
At number 890th in the list of Australian suburbs ordered by increase in median house value over the last year, Pascoe Vale, 3044 is in the BOTTOM 50% with a property value increase of 2.17% recorded in median house prices.
Across a shorter period, Pascoe Vale, 3044 has seen a median price increase of 0.00% over the last quarter.
Property investors looking for a bargain in Pascoe Vale should be aiming for at least -3.92% off the asking price, which is the average vendor discount being achieved at the moment.
A $367.5 per week rent on the median house gives suburb investors a gross yield of circa 4.07%, without taking into account capital value appreciation, which has been averaging out at 4.72%.