Property value increases in Dingley Village have tracked just higher than the VIC average of 8.12% over the last 12 months.
Across a shorter period, Dingley Village, 3172 has seen a median price increase of 4.13% over the last quarter.
Property buyers and investors in Dingley Village 3172 should be seeing an average reduction in asking price of around -4.51% . This means that Dingley Village is holding prices well when compared to other suburbs in VIC.
Residents and property investors in Dingley Village have been waiting around 55.4 days to sell a property.
Using the current median advertised rental of $480 and the average annual increase in value of a median property of 8.11%, investors should hope to achieve an overall return of 3.20%
VIC has seen average median house prices change by 2.98% which means that Dingley Village, 3172 has done well for property investors by showing a capital gain of 14.58% over the last year
Dingley Village,3172 was ranked 868 in Australia by increase in median property value over the quarter.
LACK OF BUYER INTEREST may well be the reason that Dingley Village is offering property investors an average of -5.08. This rate of discount on properties puts Suburb at number 137th in terms of most discounted suburbs in VIC
With the median price for a house in Dingley Village being $550000 and the advertised rent reaching $400 the gross rental yield for property investors calculates out to be 3.78%