VIC has seen average median house prices change by 8.96% which means that Abbotsford, 3067 has done well for property investors by showing a capital gain of 29.20% over the last year
Across a shorter period, Abbotsford, 3067 has seen a median price increase of 1.96% over the last quarter.
Sellers are offering property buyers an average discount of -4.01% to buyers in Abbotsford at the moment, which is less than average for the rest of VIC.
On average over the past year, suburb has had 5.08 sales per month, which equates to 61 per year.
Abbotsford, 3067’s gross rental yield is 2.66%
Abbotsford is an average performer in VIC when comparing median price capital growth over the last year. Abbotsford gave property investors a good capital gain figure when compared to the rest of the state, with 7.21%.
Across a shorter period, Abbotsford, 3067 has seen a median price increase of -1.09% over the last quarter.
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 Abbotsford, 3067. Typically our figures indicate that -5.76% is being offered, which puts this VIC suburb at 538th most discounted overall in Australia.
In the last year 168 properties changed hands in Abbotsford, which puts it as the 47th most active market in VIC when comparing the number of sales per suburb.
Using the current median advertised rental of $440 and the average annual increase in value of a median property of 5.94%, investors should hope to achieve an overall return of 4.05%