VIC has seen average median house prices change by 9.78% which means that Fawkner, 3060 has done well for property investors by showing a capital gain of 15.39% over the last year
Taking the average capital gain, or increase in median house value, Fawkner,3060 has racked up an average of 15.39% over the period. This ranks it number 497th in the whole country for real estate investors looking at median house price increases.
State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.71% offered to property buyers. Sellers in Fawkner itself are offering an average vendor discount of -2.72% to real estate investors.
Property investors should expect to get $380 weekly from the median priced house in this suburb.
Property investors who have had real estate in Fawkner, 3060 should be ok with this VIC suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 3.03%
Fawkner,3060 was ranked 1121 in Australia by increase in median property value over the quarter.
At number 195th of VIC’s most discounted properties, Fawkner is in the TOP 40% of the state/territory when listing in order of most discounted to least.
On average over the past year, suburb has had 5.33 sales per month, which equates to 64 per year.