Over the last year, property investments in Hadfield, 3046 have given investors a capital gain of 17.98%. This compares very favourably with the 10.43% for VIC as a whole.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Hadfield has increased when compared to the 5 year average annual rate.
LACK OF BUYER INTEREST may well be the reason that Hadfield is offering property investors an average of -5.53. This rate of discount on properties puts Suburb at number 341th in terms of most discounted suburbs in VIC
Residents and property investors in Hadfield have been waiting around 62.12 days to sell a property.
Using the current median advertised rental of $381 and the average annual increase in value of a median property of 9.47%, investors should hope to achieve an overall return of 2.95%
Property value increases in Hadfield have tracked higher than the VIC average of 4.79% over the last 12 months.
Taking the average capital gain, or increase in median house value, Hadfield,3046 has racked up an average of 21.62% over the period. This ranks it number 499th in the whole country for real estate investors looking at median house price increases.
Property buyers and investors in Hadfield 3046 should be seeing an average reduction in asking price of around -3.13% . This means that Hadfield is holding prices well when compared to other suburbs in VIC.
Advertised rents are around the $330 mark per week – giving a return of 3.81% based on the median price in Suburb