With a capital gain of 19.11% for the last 12 months, Parkdale, 3195 has performed for property investments than its average annual 8.57% property growth over the last 5 years.
Parkdale,3195 was ranked 540 in Australia by increase in median property value over the quarter.
Parkdale3195 is located in VIC which offers an average discount of -5.87% to property investors. Parkdale itself is showing figures that indicate -3.00% is the average achievable by property buyers investing in the suburb.
On average over the past year, suburb has had 9.75 sales per month, which equates to 117 per year.
Advertised rents are around the $540 mark per week – giving a return of 2.44% based on the median price in Suburb
Parkdale is in the TOP 10% in VIC when comparing median price capital growth over the last year. Parkdale gave property investors a very good capital gain figure when compared to the rest of the state, with 27.35%.
Comparing Parkdale,3195 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
The most recent median price for Parkdale is $635500, with sellers offering an average of -5.44% off the asking price.
At number 368 in a list of fastest selling suburbs, Parkdale is in the TOP 30% of suburbs in Australia with an average of days on market 57.66 for properties listed there.
Situated 21.34km from the CBD, Parkdale is one of Kingston localities in the postcode 3195.