With a capital gain of 16.34% for the last 12 months, Fawkner, 3060 has performed for property investments than its average annual 9.08% property growth over the last 5 years.
The five-year average increase in median property values for Fawkner,3060 has given property investors a potential capital gain of 35.06% across each of those five years.
Property buyers and investors in Fawkner 3060 should be seeing an average reduction in asking price of around -3.40% . This means that Fawkner is holding prices well when compared to other suburbs in VIC.
Renters in Suburb are facing rents around $4440 per annum or $370 every week.
Property value increases in Fawkner have tracked just higher than the VIC average of 2.98% over the last 12 months.
Over the longer term, Fawkner has seen property prices show investors a 18.18% return over the last 3 years. This is worse than over the last 12 months
LACK OF BUYER INTEREST may well be the reason that Fawkner is offering property investors an average of -5.08. This rate of discount on properties puts Suburb at number 115th in terms of most discounted suburbs in VIC
Property investors should expect to get $337.5 weekly from the median priced house in this suburb.