At number 1510th in the list of Australian suburbs ordered by increase in median house value over the last year, Donvale, 3111 is in the top 40% with a property value increase of 8.20% recorded in median house prices.
Donvale,3111 was ranked 1657 in Australia by increase in median property value over the quarter.
Donvale3111 is located in VIC which offers an average discount of -5.87% to property investors. Donvale itself is showing figures that indicate -5.25% is the average achievable by property buyers investing in the suburb.
A $450 per week rent on the median house gives suburb investors a gross yield of circa 2.29%, without taking into account capital value appreciation, which has been averaging out at 8.81%.
With a capital gain of 5.93% for the last 12 months, Donvale, 3111 has performed for property investments than its average annual 7.38% property growth over the last 5 years.
Donvale,3111 was ranked 238 in Australia by increase in median property value over the quarter.
Property investors looking for a bargain in Donvale should be aiming for at least -5.30% off the asking price, which is the average vendor discount being achieved at the moment.