If you compare the increase in value of investment property in Surrey Hills, 3127 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 12.50%.
A 53.19% growth in median value for property investors in Surrey Hills,3127 puts this suburb at number 439th in terms of best performing suburbs in VIC
Our latest figures would indicate that property sellers in Surrey Hills are currently offering property investors an average price cut of -3.11% below the asking price at the moment.
Advertised rents are around the $610 mark per week – giving a return of 1.76% based on the median price in Suburb
If you compare the increase in value of investment property in Surrey Hills, 3127 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this VIC suburb was 0.33%.
Taking the average capital gain, or increase in median house value, Surrey Hills,3127 has racked up an average of 0.33% over the period. This ranks it number 481th in the whole country for real estate investors looking at median house price increases.
Sellers are offering property buyers an average discount of -4.48% to buyers in Surrey Hills at the moment, which is less than average for the rest of VIC.
With the median price for a house in Surrey Hills being $760000 and the advertised rent reaching $410 the gross rental yield for property investors calculates out to be 2.81%