Investment property in Eumemmerring has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 12.51%
Across a shorter period, Eumemmerring, 3177 has seen a median price increase of 0.93% over the last quarter.
The most recent median price for Eumemmerring is $490000, with sellers offering an average of -2.41% off the asking price.
With the median price for a house in Eumemmerring being $490000 and the advertised rent reaching $340 the gross rental yield for property investors calculates out to be 3.61%
Over the last year, property investments in Eumemmerring, 3177 have given investors a capital gain of 4.79%. This compares averagely with the 5.66% for VIC as a whole.
Eumemmerring,3177 has offered an average of 4.79% return per annum in house price rises to property investors over the last three years.
Property investors looking for a bargain in Eumemmerring should be aiming for at least -7.14% off the asking price, which is the average vendor discount being achieved at the moment.
Residents and property investors in Eumemmerring have been waiting around 52.84 days to sell a property.
Property investors should expect to get $295 weekly from the median priced house in this suburb.