Property investors who have had real estate in Dandenong North, 3175 should be pleased with this VIC suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 14.46%
When looking at the potential capital gains offered to property investors over the last 3 years, Dandenong North comes in at number 122th in VIC.
Vendor discounting in Dandenong North is giving property investors an average Vendor Discount of around -2.88%. This puts suburb at number 564th in VIC when ranking the most discounted suburbs.
Often selling an investment property can take time, and in Dandenong North the average time real estate has been on the market is 43.24 days.
A $350 per week rent on the median house gives suburb investors a gross yield of circa 3.15%, without taking into account capital value appreciation, which has been averaging out at 8.73%.
Property value increases in Dandenong North have tracked just higher than the VIC average of 4.28% over the last 12 months.
Dandenong North,3175 was ranked 663 in Australia by increase in median property value over the quarter.
Vendor discounting in Dandenong North is giving property investors an average Vendor Discount of around -3.88%. This puts suburb at number 229th in VIC when ranking the most discounted suburbs.