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 41.62%
Comparing Abbotsford,3067 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Our latest figures would indicate that property sellers in Abbotsford are currently offering property investors an average price cut of -3.25% below the asking price at the moment.
Advertised rents are around the $595 mark per week – giving a return of 2.36% based on the median price in Suburb
Property value increases in Abbotsford have tracked just lower than the VIC average of 4.79% over the last 12 months.
While Abbotsford,3067 ranked number 262th in VIC for increase in median house value (annualised) increase, it is ranked 306th over the last 5 years.
State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -4.87% offered to property buyers. Sellers in Abbotsford itself are offering an average vendor discount of -4.84% to real estate investors.
Often selling an investment property can take time, and in Abbotsford the average time real estate has been on the market is 95.86 days.