Notting Hill has had a pretty average year for property investment returns compared to the rest of VIC, giving investors a capital gain of 10.29% to date .
Taking the average capital gain, or increase in median house value, Notting Hill,3168 has racked up an average of 10.29% over the period. This ranks it number 391th in the whole country for real estate investors looking at median house price increases.
The VIC suburb of Notting Hill, 3168 is in the Monash local government area.
Notting Hill has had a very poor year for property investment returns compared to the rest of VIC, giving investors a capital gain of -6.60% to date .
Across a shorter period, Notting Hill, 3168 has seen a median price increase of 2.31% over the last quarter.
Property buyers and investors in Notting Hill 3168 should be seeing an average reduction in asking price of around -5.13% . This means that Notting Hill is holding prices well when compared to other suburbs in VIC.
In the last year 61 properties changed hands in Notting Hill, which puts it as the 147th most active market in VIC when comparing the number of sales per suburb.
A $350 per week rent on the median house gives suburb investors a gross yield of circa 5.47%, without taking into account capital value appreciation, which has been averaging out at 0.29%.