Nunawading has had a pretty average year for property investment returns compared to the rest of VIC, giving investors a capital gain of 9.25% to date .
Taking the average capital gain, or increase in median house value, Nunawading,3131 has racked up an average of 9.25% over the period. This ranks it number 483th in the whole country for real estate investors looking at median house price increases.
State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.91% offered to property buyers. Sellers in Nunawading itself are offering an average vendor discount of -5.97% to real estate investors.
Investment property in Nunawading has done poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -4.80%
The five-year average increase in median property values for Nunawading,3131 has given property investors a potential capital gain of 39.53% across each of those five years.
Nunawading, 3131 is offering VIC ‘s 251th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 30% of discounts offered by this VIC.
Property investors should expect to get $370 weekly from the median priced house in this suburb.