Chadstone has had a pretty average year for property investment returns compared to the rest of VIC, giving investors a capital gain of 10.47% to date .
When looking at the potential capital gains offered to property investors over the last 3 years, Chadstone comes in at number 212th in VIC.
Property investors looking for a bargain in Chadstone should be aiming for at least -5.71% off the asking price, which is the average vendor discount being achieved at the moment.
The VIC suburb of Chadstone, 3148 is in the Monash local government area.
Property investors who have had real estate in Chadstone, 3148 should be relatively pleased with this VIC suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 12.23%
Comparing Chadstone,3148 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
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 Chadstone, 3148. Typically our figures indicate that -1.22% is being offered, which puts this VIC suburb at 1466th most discounted overall in Australia.
At number 866 in a list of fastest selling suburbs, Chadstone is just in the bottom half of suburbs in Australia with an average of days on market 80.4 for properties listed there.
A $425 per week rent on the median house gives suburb investors a gross yield of circa 3.30%, without taking into account capital value appreciation, which has been averaging out at 5.95%.