With a capital gain of 8.23% for the last 12 months, Aspendale, 3195 has performed for property investments than its average annual 8.22% property growth over the last 5 years.
The five-year average increase in median property values for Aspendale,3195 has given property investors a potential capital gain of 28.35% across each of those five years.
Vendor discounting in Aspendale is giving property investors an average Vendor Discount of around -2.65%. This puts suburb at number 593th in VIC when ranking the most discounted suburbs.
Advertised rents are around the $480 mark per week – giving a return of 3.06% based on the median price in Suburb
VIC has seen average median house prices change by 3.63% which means that Aspendale, 3195 has done well for property investors by showing a capital gain of 2.67% over the last year
While Aspendale,3195 ranked number 238th in VIC for increase in median house value (annualised) increase, it is ranked 28th over the last 5 years.
State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.22% offered to property buyers. Sellers in Aspendale itself are offering an average vendor discount of -6.27% to real estate investors.
The VIC suburb of Aspendale, 3195 is in the Kingston local government area.