With a capital gain of 31.88% for the last 12 months, Abbotsford, 3067 has performed for property investments than its average annual 10.28% property growth over the last 5 years.
Abbotsford,3067 was ranked 775 in Australia by increase in median property value over the quarter.
Vendor discounting in Abbotsford is giving property investors an average Vendor Discount of around -3.12%. This puts suburb at number 554th in VIC when ranking the most discounted suburbs.
On average over the past year, suburb has had 4.92 sales per month, which equates to 59 per year.
With the median price for a house in Abbotsford being $1210000 and the advertised rent reaching $600 the gross rental yield for property investors calculates out to be 2.58%
VIC has seen average median house prices change by 4.28% which means that Abbotsford, 3067 has done well for property investors by showing a capital gain of -0.88% over the last year
The five-year average increase in median property values for Abbotsford,3067 has given property investors a potential capital gain of 2.80% across each of those five years.
Property buyers and investors in Abbotsford 3067 should be seeing an average reduction in asking price of around -5.47% . This means that Abbotsford is holding prices well when compared to other suburbs in VIC.
At number 1159 in a list of fastest selling suburbs, Abbotsford is in the bottom 30% of suburbs in Australia with an average of days on market 102.67 for properties listed there.
With the median price for a house in Abbotsford being $560000 and the advertised rent reaching $430 the gross rental yield for property investors calculates out to be 3.99%