If you compare the increase in value of investment property in Fitzroy, 3065 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this VIC suburb was 29.81%.
The five-year average increase in median property values for Fitzroy,3065 has given property investors a potential capital gain of 53.32% across each of those five years.
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 Fitzroy, 3065. Typically our figures indicate that -5.74% is being offered, which puts this VIC suburb at 2041th most discounted overall in Australia.
Fitzroy is 523th on a list of best yielding suburbs for rents in VIC with a 2.31% return
At number 1191th in the list of Australian suburbs ordered by increase in median house value over the last year, Fitzroy, 3065 is in the BOTTOM 40% with a property value increase of -1.29% recorded in median house prices.
When looking at the potential capital gains offered to property investors over the last 3 years, Fitzroy comes in at number 215th in VIC.
State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.14% offered to property buyers. Sellers in Fitzroy itself are offering an average vendor discount of -4.21% to real estate investors.
Renters in Suburb are facing rents around $5940 per annum or $495 every week.