Fawkner is in the TOP 20% in VIC when comparing median price capital growth over the last year. Fawkner gave property investors a very good capital gain figure when compared to the rest of the state, with 17.00%.
Taking the average capital gain, or increase in median house value, Fawkner,3060 has racked up an average of 17.00% over the period. This ranks it number 660th in the whole country for real estate investors looking at median house price increases.
Property investors looking for a bargain in Fawkner should be aiming for at least -3.40% off the asking price, which is the average vendor discount being achieved at the moment.
Property investors should expect to get $370 weekly from the median priced house in this suburb.
Fawkner, 3060 ranked 152th in VIC when comparing growth in median property values or capital gain over the last 12 months. Fawkner is one of 2098 in our list for VIC
When looking at the potential capital gains offered to property investors over the last 3 years, Fawkner comes in at number 130th 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 Fawkner, 3060. Typically our figures indicate that -5.93% is being offered, which puts this VIC suburb at 511th most discounted overall in Australia.
A $340 per week rent on the median house gives suburb investors a gross yield of circa 4.53%, without taking into account capital value appreciation, which has been averaging out at 5.90%.