Epping is an average performer in VIC when comparing median price capital growth over the last year. Epping gave property investors a average capital gain figure when compared to the rest of the state, with 10.26%.
While Epping,3076 ranked number 106th in VIC for increase in median house value (annualised) increase, it is ranked 432th over the last 5 years.
Sellers are offering property buyers an average discount of -6.36% to buyers in Epping at the moment, which is less than average for the rest of VIC.
The VIC suburb of Epping, 3076 is in the Whittlesea local government area.
Property investors who have had real estate in Epping, 3076 should be ok 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 2.79%
If we look at median property appreciation over just the last three months, Epping has given property investors a paper return of -2.33%. This puts Suburb as 283 on a list of fastest fasting appreciating suburbs in VIC
LACK OF BUYER INTEREST may well be the reason that Epping is offering property investors an average of -5.27. This rate of discount on properties puts Suburb at number 234th in terms of most discounted suburbs in VIC
Often selling an investment property can take time, and in Epping the average time real estate has been on the market is 91 days.
Epping is 88th on a list of best yielding suburbs for rents in VIC with a 4.95% return
Twenty kilometres north of the Melbourne CBD, Epping has seen stock levels tighten significantly in the past 12 months.Full summary
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Twenty kilometres north of the Melbourne CBD, Epping has seen stock levels tighten significantly in the past 12 months.Close
Analysis from Real Estate Investar shows they have dropped by 40% since the same time last year.
While options may be limited in the suburb, Epping may appeal to investors looking to take a punt on a relatively affordable area.
The current median house price in Epping is $400,000, and on average vendors are willing to discount their asking prices by 4%.
Those investors looking to buy in Epping will be hoping they get in before the boom, as the suburb has only returned capital growth of 10% over the past three years.
Despite the less than stellar performance of Epping in recent times, there are some positives. The suburb boasts its own train station, and a police
Pacific Epping is a well-known shopping facility, while Northern Hospital is located within the suburb.