Over the last year, property investments in Parkville, 3052 have given investors a capital gain of 4.74%. This compares badly with the 7.80% for VIC as a whole.
Parkville,3052 was ranked 1973 in Australia by increase in median property value over the quarter.
Situated 3.08km from the CBD, Parkville is one of Melbourne localities in the postcode 3052.
Parkville has had a A very good year for property investment returns compared to the rest of VIC, giving investors a capital gain of 12.12% to date .
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Parkville has increased when compared to the 5 year average annual rate.
Vendor discounting in Parkville is giving property investors an average Vendor Discount of around -2.67%. This puts suburb at number 299th in VIC when ranking the most discounted suburbs.
Property investors should expect to get $400 weekly from the median priced house in this suburb.