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 12.03%.
While Greensborough,3088 ranked number 345th in VIC for increase in median house value (annualised) increase, it is ranked 208th over the last 5 years.
Sellers are offering property buyers an average discount of -3.28% to buyers in Greensborough at the moment, which is less than average for the rest of VIC.
Property investors should expect to get $430 weekly from the median priced house in this suburb.
At number 169th in the list of Australian suburbs ordered by increase in median house value over the last year, Greensborough, 3088 is in the top 10% with a property value increase of 19.80% recorded in median house prices.
Across a shorter period, Greensborough, 3088 has seen a median price increase of 10.00% over the last quarter.
The most recent median price for Greensborough is $605000, with sellers offering an average of -3.42% off the asking price.