With a capital gain of 12.91% for the last 12 months, Donvale, 3111 has performed for property investments than its average annual 8.20% property growth over the last 5 years.
If we look at median property appreciation over just the last three months, Donvale has given property investors a paper return of 6.45%. This puts Suburb as 75 on a list of fastest fasting appreciating suburbs in VIC
Our latest figures would indicate that property sellers in Donvale are currently offering property investors an average price cut of -3.24% below the asking price at the moment.
Donvale is 519th on a list of best yielding suburbs for rents in VIC with a 2.15% return
Property investors who have had real estate in Donvale, 3111 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 13.13%
Donvale,3111 was ranked 1333 in Australia by increase in median property value over the quarter.
Donvale, 3111 is offering VIC ‘s 207th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 40% of discounts offered by this VIC.
With the median price for a house in Donvale being $735500 and the advertised rent reaching $410 the gross rental yield for property investors calculates out to be 2.90%