Over the last year, property investments in Chirnside Park, 3116 have given investors a capital gain of 15.97%. This compares favourably with the 10.83% for VIC as a whole.
A 58.62% growth in median value for property investors in Chirnside Park,3116 puts this suburb at number 225th in terms of best performing suburbs in VIC
Sellers are offering property buyers an average discount of -4.20% to buyers in Chirnside Park at the moment, which is less than average for the rest of VIC.
Chirnside Park, 3116’s gross rental yield is 3.17%
Chirnside Park, 3116 ranked 12th in VIC when comparing growth in median property values or capital gain over the last 12 months. Chirnside Park is one of 2098 in our list for VIC
Comparing Chirnside Park,3116 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Property buyers and investors in Chirnside Park 3116 should be seeing an average reduction in asking price of around -11.59% . This means that Chirnside Park is holding prices well when compared to other suburbs in VIC.
In the last year 17 properties changed hands in Chirnside Park, which puts it as the 315th most active market in VIC when comparing the number of sales per suburb.
The VIC suburb of Chirnside Park, 3116 is in the Yarra Ranges local government area.