With a capital gain of 17.42% for the last 12 months, Parkdale, 3195 has performed for property investments than its average annual 8.72% property growth over the last 5 years.
Taking the average capital gain, or increase in median house value, Parkdale,3195 has racked up an average of 17.42% over the period. This ranks it number 502th in the whole country for real estate investors looking at median house price increases.
At number 512th of VIC’s most discounted properties, Parkdale is in the TOP 20% of the state/territory when listing in order of most discounted to least.
Property value increases in Parkdale have tracked close to the VIC average of 3.63% over the last 12 months.
Across a shorter period, Parkdale, 3195 has seen a median price increase of 0.93% over the last quarter.
Property investors looking for a bargain in Parkdale should be aiming for at least -6.78% off the asking price, which is the average vendor discount being achieved at the moment.