Dandenong North has had a pretty good year for property investment returns compared to the rest of VIC, giving investors a capital gain of 13.96% to date .
Comparing Dandenong North,3175 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Property buyers and investors in Dandenong North 3175 should be seeing an average reduction in asking price of around -3.65% . This means that Dandenong North is holding prices well when compared to other suburbs in VIC.
Property investors should expect to get $350 weekly from the median priced house in this suburb.
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 18.05%
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Dandenong North has increased when compared to the 5 year average annual rate.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Dandenong North, 3175. Typically our figures indicate that -4.18% is being offered, which puts this VIC suburb at 1038th most discounted overall in Australia.
Advertised rents are around the $295 mark per week – giving a return of 3.91% based on the median price in Suburb