If you compare the increase in value of investment property in Donvale, 3111 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 6.61%.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Donvale has increased when compared to the 5 year average annual rate.
Property investors looking for a bargain in Donvale should be aiming for at least -6.41% off the asking price, which is the average vendor discount being achieved at the moment.
At number 987th in the list of Australian suburbs ordered by increase in median house value over the last year, Donvale, 3111 is in the BOTTOM 50% with a property value increase of 0.94% recorded in median house prices.
Over the longer term, Donvale has seen property prices show investors a 25.00% return over the last 3 years. This is worse than over the last 12 months
Property investors looking for a bargain in Donvale should be aiming for at least -4.64% off the asking price, which is the average vendor discount being achieved at the moment.
Using the current median advertised rental of $410 and the average annual increase in value of a median property of 7.04%, investors should hope to achieve an overall return of 3.19%