Property value increases in Notting Hill have tracked close to the VIC average of 8.12% over the last 12 months.
Over the longer term, Notting Hill has seen property prices show investors a 50.78% return over the last 3 years. This is worse than over the last 12 months
Vendor discounting in Notting Hill is giving property investors an average Vendor Discount of around -5.56%. This puts suburb at number 301th in VIC when ranking the most discounted suburbs.
In the last year 24 properties changed hands in Notting Hill, which puts it as the 568th most active market in VIC when comparing the number of sales per suburb.
Notting Hill, 3168’s gross rental yield is 2.39%
With a capital gain of -23.44% for the last 12 months, Notting Hill, 3168 has performed for property investments than its average annual 1.15% property growth over the last 5 years.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Notting Hill has fallen somewhat when compared to the 5 year average annual rate.
State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.08% offered to property buyers. Sellers in Notting Hill itself are offering an average vendor discount of -9.07% to real estate investors.
Residents and property investors in Notting Hill have been waiting around 116.53 days to sell a property.