Property investors who have had real estate in Eumemmerring, 3177 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 16.39%
Comparing Eumemmerring,3177 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Property buyers and investors in Eumemmerring 3177 should be seeing an average reduction in asking price of around -2.08% . This means that Eumemmerring is holding prices well when compared to other suburbs in VIC.
Situated 32.38km from the CBD, Eumemmerring is one of Casey localities in the postcode 3177.
Giving property investors a an average capital gain of 3.08% for the last year, Eumemmerring, 3177 is the 871th highest performer in Australia in this respect.
LACK OF BUYER INTEREST may well be the reason that Eumemmerring is offering property investors an average of -4.95. This rate of discount on properties puts Suburb at number 221th in terms of most discounted suburbs in VIC
In the last year 21 properties changed hands in Eumemmerring, which puts it as the 289th most active market in VIC when comparing the number of sales per suburb.
A $300 per week rent on the median house gives suburb investors a gross yield of circa 4.66%, without taking into account capital value appreciation, which has been averaging out at 6.82%.