Aspendale has had a pretty average year for property investment returns compared to the rest of VIC, giving investors a capital gain of 9.35% to date .
While Aspendale,3195 ranked number 412th in VIC for increase in median house value (annualised) increase, it is ranked 180th over the last 5 years.
Aspendale3195 is located in VIC which offers an average discount of -6.00% to property investors. Aspendale itself is showing figures that indicate -2.97% is the average achievable by property buyers investing in the suburb.
Using the current median advertised rental of $520 and the average annual increase in value of a median property of 8.18%, investors should hope to achieve an overall return of 3.14%
Aspendale has had a pretty good year for property investment returns compared to the rest of VIC, giving investors a capital gain of 8.69% to date .
Over the longer term, Aspendale has seen property prices show investors a 39.58% return over the last 3 years. This is worse than over the last 12 months
Aspendale, 3195 is offering VIC ‘s 102th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 40% of discounts offered by this VIC.
At number 700 in a list of fastest selling suburbs, Aspendale is just in the top half of suburbs in Australia with an average of days on market 76 for properties listed there.