If you compare the increase in value of investment property in Gardenvale, 3185 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this VIC suburb was 18.27%.
Across a shorter period, Gardenvale, 3185 has seen a median price increase of 11.82% over the last quarter.
In the last year 14 properties changed hands in Gardenvale, which puts it as the 344th most active market in VIC when comparing the number of sales per suburb.
With the median price for a house in Gardenvale being $369000 and the advertised rent reaching $310 the gross rental yield for property investors calculates out to be 4.37%