If you compare the increase in value of investment property in Oak Park, 3046 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this VIC suburb was 25.58%.
Taking the average capital gain, or increase in median house value, Oak Park,3046 has racked up an average of 25.58% over the period. This ranks it number 366th in the whole country for real estate investors looking at median house price increases.
Oak Park3046 is located in VIC which offers an average discount of -5.71% to property investors. Oak Park itself is showing figures that indicate -2.42% is the average achievable by property buyers investing in the suburb.
On average over the past year, suburb has had 6.67 sales per month, which equates to 80 per year.
Giving property investors a an average capital gain of 2.37% for the last year, Oak Park, 3046 is the 920th highest performer in Australia in this respect.
If we look at median property appreciation over just the last three months, Oak Park has given property investors a paper return of 0.84%. This puts Suburb as 201 on a list of fastest fasting appreciating suburbs in VIC
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 Oak Park, 3046. Typically our figures indicate that -4.12% is being offered, which puts this VIC suburb at 1003th most discounted overall in Australia.
The VIC suburb of Oak Park, 3046 is in the Moreland local government area.