If you compare the increase in value of investment property in Chadstone, 3148 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this VIC suburb was 7.37%.
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.
Property buyers and investors in Chadstone 3148 should be seeing an average reduction in asking price of around -5.71% . This means that Chadstone is holding prices well when compared to other suburbs in VIC.
Residents and property investors in Chadstone have been waiting around 64.22 days to sell a property.
Advertised rents are around the $445 mark per week – giving a return of 2.27% based on the median price in Suburb
Property value increases in Chadstone have tracked higher than the VIC average of 4.28% over the last 12 months.
Over the longer term, Chadstone has seen property prices show investors a 21.38% return over the last 3 years. This is an improvement over the last 12 months
Chadstone, 3148 is offering VIC ‘s 315th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 10% of discounts offered by this VIC.
At number 928 in a list of fastest selling suburbs, Chadstone is in the bottom 40% of suburbs in Australia with an average of days on market 88.04 for properties listed there.