At number 1219th in the list of Australian suburbs ordered by increase in median house value over the last year, Viewbank, 3084 is in the top 30% with a property value increase of 10.11% recorded in median house prices.
Over the longer term, Viewbank has seen property prices show investors a 38.60% return over the last 3 years. This is worse than over the last 12 months
At number 40th 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.
In the last year 71 properties changed hands in Viewbank, which puts it as the 342th most active market in VIC when comparing the number of sales per suburb.
Situated 14.24km from the CBD, Viewbank is one of Banyule localities in the postcode 3084.
Over the last year, property investments in Viewbank, 3084 have given investors a capital gain of 5.94%. This compares averagely with the 4.09% for VIC as a whole.
A 4.97% growth in median value for property investors in Viewbank,3084 puts this suburb at number 332th in terms of best performing suburbs in VIC
A $370 per week rent on the median house gives suburb investors a gross yield of circa 3.72%, without taking into account capital value appreciation, which has been averaging out at 6.77%.