Property investors who have had real estate in Greensborough, 3088 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 8.59%
When looking at the potential capital gains offered to property investors over the last 3 years, Greensborough comes in at number 235th in VIC.
Property investors looking for a bargain in Greensborough should be aiming for at least -2.68% off the asking price, which is the average vendor discount being achieved at the moment.
On average over the past year, suburb has had 23.08 sales per month, which equates to 277 per year.
Renters in Suburb are facing rents around $4800 per annum or $400 every week.
Property value increases in Greensborough have tracked just higher than the VIC average of 4.09% over the last 12 months.
Greensborough,3088 has offered an average of 7.62% return per annum in house price rises to property investors over the last three years.
Greensborough3088 is located in VIC which offers an average discount of -5.27% to property investors. Greensborough itself is showing figures that indicate -2.03% is the average achievable by property buyers investing in the suburb.
Greensborough, 3088’s gross rental yield is 3.57%