Vermont has had a pretty good year for property investment returns compared to the rest of VIC, giving investors a capital gain of 15.61% to date .
Comparing Vermont,3133 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
LACK OF BUYER INTEREST may well be the reason that Vermont is offering property investors an average of -5.26. This rate of discount on properties puts Suburb at number 89th in terms of most discounted suburbs in VIC
At number 1495 in a list of fastest selling suburbs, Vermont is in the TOP 40% of suburbs in Australia with an average of days on market 66.36 for properties listed there.
With the median price for a house in Vermont being $1000000 and the advertised rent reaching $450 the gross rental yield for property investors calculates out to be 2.34%
With a capital gain of 8.64% for the last 12 months, Vermont, 3133 has performed for property investments than its average annual 7.54% 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 Vermont has increased when compared to the 5 year average annual rate.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Vermont, 3133. Typically our figures indicate that -3.36% is being offered, which puts this VIC suburb at 1188th most discounted overall in Australia.
Often selling an investment property can take time, and in Vermont the average time real estate has been on the market is 38.75 days.
The VIC suburb of Vermont, 3133 is in the Whitehorse local government area.