Over the last year, property investments in Dandenong North, 3175 have given investors a capital gain of 14.50%. This compares favourably with the 8.96% for VIC as a whole.
Taking the average capital gain, or increase in median house value, Dandenong North,3175 has racked up an average of 14.50% over the period. This ranks it number 656th in the whole country for real estate investors looking at median house price increases.
Property buyers and investors in Dandenong North 3175 should be seeing an average reduction in asking price of around -2.83% . This means that Dandenong North is holding prices well when compared to other suburbs in VIC.
With the median price for a house in Dandenong North being $572500 and the advertised rent reaching $350 the gross rental yield for property investors calculates out to be 3.18%
At number 464th in the list of Australian suburbs ordered by increase in median house value over the last year, Dandenong North, 3175 is in the top 30% with a property value increase of 9.03% recorded in median house prices.
Comparing Dandenong North,3175 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Dandenong North, 3175 is offering VIC ‘s 237th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 30% of discounts offered by this VIC.