Donvale is in the TOP 30% in VIC when comparing median price capital growth over the last year. Donvale gave property investors a good capital gain figure when compared to the rest of the state, with 13.67%.
A 36.97% growth in median value for property investors in Donvale,3111 puts this suburb at number 47th in terms of best performing suburbs in VIC
Property investors looking for a bargain in Donvale should be aiming for at least -6.03% off the asking price, which is the average vendor discount being achieved at the moment.
Advertised rents are around the $450 mark per week – giving a return of 2.32% based on the median price in Suburb
Over the last year, property investments in Donvale, 3111 have given investors a capital gain of 3.97%. This compares averagely with the 3.56% for VIC as a whole.
Comparing Donvale,3111 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Property buyers and investors in Donvale 3111 should be seeing an average reduction in asking price of around -4.64% . This means that Donvale is holding prices well when compared to other suburbs in VIC.
At number 513 in a list of fastest selling suburbs, Donvale is in the TOP 40% of suburbs in Australia with an average of days on market 63.58 for properties listed there.
Situated 19.35km from the CBD, Donvale is one of Manningham localities in the postcode 3111.