If you compare the increase in value of investment property in Parkville, 3052 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this VIC suburb was 5.15%.
Across a shorter period, Parkville, 3052 has seen a median price increase of -17.03% over the last quarter.
Property investors should expect to get $620 weekly from the median priced house in this suburb.
With a capital gain of 2.51% for the last 12 months, Parkville, 3052 has performed for property investments than its average annual 4.47% property growth over the last 5 years.
Across a shorter period, Parkville, 3052 has seen a median price increase of -1.14% over the last quarter.
Vendor discounting in Parkville is giving property investors an average Vendor Discount of around -5.47%. This puts suburb at number 125th in VIC when ranking the most discounted suburbs.
Often selling an investment property can take time, and in Parkville the average time real estate has been on the market is 74.79 days.
Parkville, 3052’s gross rental yield is 4.00%