With a capital gain of 10.60% for the last 12 months, Fitzroy North, 3068 has performed for property investments than its average annual 9.48% property growth over the last 5 years.
A 36.36% growth in median value for property investors in Fitzroy North,3068 puts this suburb at number 459th in terms of best performing suburbs in VIC
LACK OF BUYER INTEREST may well be the reason that Fitzroy North is offering property investors an average of -5.99. This rate of discount on properties puts Suburb at number 519th in terms of most discounted suburbs in VIC
A $620 per week rent on the median house gives suburb investors a gross yield of circa 2.69%, without taking into account capital value appreciation, which has been averaging out at 9.48%.
Property investors who have had real estate in Fitzroy North, 3068 should be relatively unhappy with this VIC suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -0.91%
The five-year average increase in median property values for Fitzroy North,3068 has given property investors a potential capital gain of 7.97% across each of those five years.
Fitzroy North, 3068 is offering VIC ‘s 107th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 40% of discounts offered by this VIC.
On average over the past year, suburb has had 8.33 sales per month, which equates to 100 per year.
Renters in Suburb are facing rents around $4920 per annum or $410 every week.