VIC has seen average median house prices change by 11.00% which means that Fawkner, 3060 has done well for property investors by showing a capital gain of 19.51% over the last year
Over the longer term, Fawkner has seen property prices show investors a 57.46% return over the last 3 years. This is worse than over the last 12 months
Property buyers and investors in Fawkner 3060 should be seeing an average reduction in asking price of around -2.51% . This means that Fawkner is holding prices well when compared to other suburbs in VIC.
Fawkner is 379th on a list of best yielding suburbs for rents in VIC with a 2.95% return
Fawkner has had a pretty good year for property investment returns compared to the rest of VIC, giving investors a capital gain of 12.24% to date .
Taking the average capital gain, or increase in median house value, Fawkner,3060 has racked up an average of 12.24% over the period. This ranks it number 139th in the whole country for real estate investors looking at median house price increases.
Sellers are offering property buyers an average discount of -4.36% to buyers in Fawkner at the moment, which is less than average for the rest of VIC.
Situated 11.75km from the CBD, Fawkner is one of Moreland localities in the postcode 3060.