Giving property investors a a stable capital gain of 8.28% for the last year, Chadstone, 3148 is the 1487th highest performer in Australia in this respect.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Chadstone has increased when compared to the 5 year average annual rate.
Chadstone, 3148 is offering VIC ‘s 273th most discounted properties when looking at the average discount being offered by vendors. This puts it in the middle of discounts offered by this VIC.
Advertised rents are around the $440 mark per week – giving a return of 2.24% based on the median price in Suburb
Property investors who have had real estate in Chadstone, 3148 should be 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 28.85%
Comparing Chadstone,3148 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Property investors looking for a bargain in Chadstone should be aiming for at least -2.51% off the asking price, which is the average vendor discount being achieved at the moment.
A $460 per week rent on the median house gives suburb investors a gross yield of circa 3.57%, without taking into account capital value appreciation, which has been averaging out at 6.80%.