Investment property in Oak Park has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 23.19%
The five-year average increase in median property values for Oak Park,3046 has given property investors a potential capital gain of 60.52% across each of those five years.
Oak Park, 3046 is offering VIC ‘s 552th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 20% of discounts offered by this VIC.
A $410 per week rent on the median house gives suburb investors a gross yield of circa 2.56%, without taking into account capital value appreciation, which has been averaging out at 8.96%.
Investment property in Oak Park has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 4.00%
If we look at median property appreciation over just the last three months, Oak Park has given property investors a paper return of 1.96%. This puts Suburb as 162 on a list of fastest fasting appreciating suburbs in VIC
Vendor discounting in Oak Park is giving property investors an average Vendor Discount of around -4.12%. This puts suburb at number 196th in VIC when ranking the most discounted suburbs.