Greensborough, 3088 ranked 216th in VIC when comparing growth in median property values or capital gain over the last 12 months. Greensborough is one of 2098 in our list for VIC
Across a shorter period, Greensborough, 3088 has seen a median price increase of 2.65% over the last quarter.
State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.80% offered to property buyers. Sellers in Greensborough itself are offering an average vendor discount of -5.59% to real estate investors.
On average over the past year, suburb has had 20.83 sales per month, which equates to 250 per year.
With the median price for a house in Greensborough being $735000 and the advertised rent reaching $420 the gross rental yield for property investors calculates out to be 2.97%
At number 384th in the list of Australian suburbs ordered by increase in median house value over the last year, Greensborough, 3088 is in the top 30% with a property value increase of 10.23% recorded in median house prices.
Taking the average capital gain, or increase in median house value, Greensborough,3088 has racked up an average of 10.23% over the period. This ranks it number 575th in the whole country for real estate investors looking at median house price increases.
Property buyers and investors in Greensborough 3088 should be seeing an average reduction in asking price of around -2.92% . This means that Greensborough is holding prices well when compared to other suburbs in VIC.