If you compare the increase in value of investment property in Nunawading, 3131 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this VIC suburb was 11.74%.
If we look at median property appreciation over just the last three months, Nunawading has given property investors a paper return of 3.04%. This puts Suburb as 231 on a list of fastest fasting appreciating suburbs in VIC
Nunawading3131 is located in VIC which offers an average discount of -6.04% to property investors. Nunawading itself is showing figures that indicate -6.09% is the average achievable by property buyers investing in the suburb.
Using the current median advertised rental of $400 and the average annual increase in value of a median property of 10.50%, investors should hope to achieve an overall return of 2.23%
Property value increases in Nunawading have tracked just lower than the VIC average of 3.19% over the last 12 months.
The five-year average increase in median property values for Nunawading,3131 has given property investors a potential capital gain of 37.93% across each of those five years.
At number 256th of VIC’s most discounted properties, Nunawading is in the TOP 20% of the state/territory when listing in order of most discounted to least.
Property investors should expect to get $367.5 weekly from the median priced house in this suburb.