Property investors who have had real estate in Abbotsford, 3067 should be pleased 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 32.94%
Abbotsford,3067 was ranked 440 in Australia by increase in median property value over the quarter.
Sellers are offering property buyers an average discount of -4.60% to buyers in Abbotsford at the moment, which is less than average for the rest of VIC.
A $600 per week rent on the median house gives suburb investors a gross yield of circa 2.65%, without taking into account capital value appreciation, which has been averaging out at 10.95%.
At number 446th in the list of Australian suburbs ordered by increase in median house value over the last year, Abbotsford, 3067 is in the top 30% with a property value increase of 8.57% recorded in median house prices.
Abbotsford,3067 was ranked 1213 in Australia by increase in median property value over the quarter.
LACK OF BUYER INTEREST may well be the reason that Abbotsford is offering property investors an average of -5.12. This rate of discount on properties puts Suburb at number 75th in terms of most discounted suburbs in VIC
Abbotsford is 214th on a list of best yielding suburbs for rents in VIC with a 4.01% return