If you compare the increase in value of investment property in Templestowe, 3106 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 13.31%.
Comparing Templestowe,3106 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Property investors looking for a bargain in Templestowe should be aiming for at least -5.16% off the asking price, which is the average vendor discount being achieved at the moment.
Templestowe, 3106’s gross rental yield is 2.14%
VIC has seen average median house prices change by 5.66% which means that Templestowe, 3106 has done well for property investors by showing a capital gain of 0.00% over the last year
Across a shorter period, Templestowe, 3106 has seen a median price increase of 2.86% over the last quarter.
Property investors looking for a bargain in Templestowe should be aiming for at least -3.70% off the asking price, which is the average vendor discount being achieved at the moment.
Using the current median advertised rental of $397.5 and the average annual increase in value of a median property of 5.65%, investors should hope to achieve an overall return of 2.87%