Property value increases in Dingley Village have tracked just higher than the VIC average of 10.43% over the last 12 months.
While Dingley Village,3172 ranked number 372th in VIC for increase in median house value (annualised) increase, it is ranked 103th over the last 5 years.
Property buyers and investors in Dingley Village 3172 should be seeing an average reduction in asking price of around -4.57% . This means that Dingley Village is holding prices well when compared to other suburbs in VIC.
A $472.5 per week rent on the median house gives suburb investors a gross yield of circa 2.87%, without taking into account capital value appreciation, which has been averaging out at 8.71%.
Dingley Village, 3172 ranked 99th in VIC when comparing growth in median property values or capital gain over the last 12 months. Dingley Village is one of 2098 in our list for VIC
While Dingley Village,3172 ranked number 70th in VIC for increase in median house value (annualised) increase, it is ranked 30th over the last 5 years.
LACK OF BUYER INTEREST may well be the reason that Dingley Village is offering property investors an average of -4.87. This rate of discount on properties puts Suburb at number 133th in terms of most discounted suburbs in VIC
In the last year 27 properties changed hands in Dingley Village, which puts it as the 268th most active market in VIC when comparing the number of sales per suburb.
Advertised rents are around the $400 mark per week – giving a return of 3.61% based on the median price in Suburb