With a capital gain of 12.37% for the last 12 months, Nunawading, 3131 has performed for property investments than its average annual 10.48% property growth over the last 5 years.
Nunawading,3131 has offered an average of 12.37% return per annum in house price rises to property investors over the last three years.
Sellers are offering property buyers an average discount of -4.84% to buyers in Nunawading at the moment, which is less than average for the rest of VIC.
Situated 18.77km from the CBD, Nunawading is one of Whitehorse localities in the postcode 3131.
Investment property in Nunawading has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 13.03%
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.
Property buyers and investors in Nunawading 3131 should be seeing an average reduction in asking price of around -2.14% . This means that Nunawading is holding prices well when compared to other suburbs in VIC.
On average over the past year, suburb has had 8.00 sales per month, which equates to 96 per year.