Property investors who have had real estate in Viewbank, 3084 should be relatively 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 13.71%
While Viewbank,3084 ranked number 494th in VIC for increase in median house value (annualised) increase, it is ranked 114th over the last 5 years.
At number 21th of VIC’s most discounted properties, Viewbank is in the bottom 10% of the state/territory when listing in order of most discounted to least.
Situated 14.16km from the CBD, Viewbank is one of Banyule localities in the postcode 3084.
Investment property in Viewbank has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 9.78%
Viewbank,3084 has offered an average of 9.78% return per annum in house price rises to property investors over the last three years.
Advertised rents are around the $380 mark per week – giving a return of 3.56% based on the median price in Suburb