VIC has seen average median house prices change by 11.00% which means that Hadfield, 3046 has done well for property investors by showing a capital gain of 19.20% over the last year
Hadfield,3046 was ranked 934 in Australia by increase in median property value over the quarter.
State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.26% offered to property buyers. Sellers in Hadfield itself are offering an average vendor discount of -4.44% to real estate investors.
Using the current median advertised rental of $387.5 and the average annual increase in value of a median property of 9.24%, investors should hope to achieve an overall return of 2.91%
At number 296th in the list of Australian suburbs ordered by increase in median house value over the last year, Hadfield, 3046 is in the top 20% with a property value increase of 14.87% recorded in median house prices.
Over the longer term, Hadfield has seen property prices show investors a 22.44% return over the last 3 years. This is worse than over the last 12 months
Sellers are offering property buyers an average discount of -3.10% to buyers in Hadfield at the moment, which is less than average for the rest of VIC.
Residents and property investors in Hadfield have been waiting around 73.62 days to sell a property.
Using the current median advertised rental of $330 and the average annual increase in value of a median property of 7.31%, investors should hope to achieve an overall return of 3.93%