With a capital gain of 11.46% for the last 12 months, Nunawading, 3131 has performed for property investments than its average annual 10.68% property growth over the last 5 years.
The five-year average increase in median property values for Nunawading,3131 has given property investors a potential capital gain of 65.38% across each of those five years.
Our latest figures would indicate that property sellers in Nunawading are currently offering property investors an average price cut of -6.09% below the asking price at the moment.
Property investors who have had real estate in Nunawading, 3131 should be relatively unhappy with this VIC suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by 0.00%
Across a shorter period, Nunawading, 3131 has seen a median price increase of 1.27% over the last quarter.
LACK OF BUYER INTEREST may well be the reason that Nunawading is offering property investors an average of -5.08. This rate of discount on properties puts Suburb at number 246th in terms of most discounted suburbs in VIC
Renters in Suburb are facing rents around $4440 per annum or $370 every week.