If you compare the increase in value of investment property in Greensborough, 3088 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this VIC suburb was 13.19%.
Greensborough,3088 has offered an average of 13.19% return per annum in house price rises to property investors over the last three years.
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 Greensborough, 3088. Typically our figures indicate that -3.36% is being offered, which puts this VIC suburb at 3364th most discounted overall in Australia.
Greensborough is 382th on a list of best yielding suburbs for rents in VIC with a 2.96% return
VIC has seen average median house prices change by 4.90% which means that Greensborough, 3088 has done well for property investors by showing a capital gain of 15.43% over the last year
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Greensborough has increased when compared to the 5 year average annual rate.
LACK OF BUYER INTEREST may well be the reason that Greensborough is offering property investors an average of -4.83. This rate of discount on properties puts Suburb at number 280th in terms of most discounted suburbs in VIC
Residents and property investors in Greensborough have been waiting around 46.42 days to sell a property.
Greensborough is 312th on a list of best yielding suburbs for rents in VIC with a 3.12% return