VIC has seen average median house prices change by 9.78% which means that Glen Waverley, 3150 has done well for property investors by showing a capital gain of 0.65% over the last year
When looking at the potential capital gains offered to property investors over the last 3 years, Glen Waverley comes in at number 175th in VIC.
Vendor discounting in Glen Waverley is giving property investors an average Vendor Discount of around -5.89%. This puts suburb at number 225th in VIC when ranking the most discounted suburbs.
With a capital gain of -3.80% for the last 12 months, Glen Waverley, 3150 has performed for property investments than its average annual 7.36% property growth over the last 5 years.
Across a shorter period, Glen Waverley, 3150 has seen a median price increase of 11.52% over the last quarter.
LACK OF BUYER INTEREST may well be the reason that Glen Waverley is offering property investors an average of -4.95. This rate of discount on properties puts Suburb at number 106th in terms of most discounted suburbs in VIC
Advertised rents are around the $450 mark per week – giving a return of 3.08% based on the median price in Suburb