Nunawading is in the TOP 30% in VIC when comparing median price capital growth over the last year. Nunawading gave property investors a good capital gain figure when compared to the rest of the state, with 14.14%.
Nunawading,3131 was ranked 1908 in Australia by increase in median property value over the quarter.
Our latest figures would indicate that property sellers in Nunawading are currently offering property investors an average price cut of -4.32% below the asking price at the moment.
With the median price for a house in Nunawading being $993000 and the advertised rent reaching $420 the gross rental yield for property investors calculates out to be 2.20%
With a capital gain of 13.04% for the last 12 months, Nunawading, 3131 has performed for property investments than its average annual 9.15% property growth over the last 5 years.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Nunawading has increased when compared to the 5 year average annual rate.
The most recent median price for Nunawading is $666385, with sellers offering an average of -2.69% off the asking price.
Residents and property investors in Nunawading have been waiting around 92.53 days to sell a property.
Nunawading is 349th on a list of best yielding suburbs for rents in VIC with a 2.89% return