If you compare the increase in value of investment property in Dallas, 3047 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this VIC suburb was 8.39%.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Dallas has increased when compared to the 5 year average annual rate.
Property buyers and investors in Dallas 3047 should be seeing an average reduction in asking price of around -5.04% . This means that Dallas is holding prices well when compared to other suburbs in VIC.
Dallas, 3047’s gross rental yield is 4.88%
Dallas has had a very poor year for property investment returns compared to the rest of VIC, giving investors a capital gain of -6.90% to date .
Dallas, 3047’s gross rental yield is 5.78%