At number 738th in the list of Australian suburbs ordered by increase in median house value over the last year, Parkdale, 3195 is in the top 20% with a property value increase of 12.76% recorded in median house prices.
While Parkdale,3195 ranked number 235th in VIC for increase in median house value (annualised) increase, it is ranked 112th over the last 5 years.
Parkdale, 3195 is offering VIC ‘s 466th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 30% of discounts offered by this VIC.
Often selling an investment property can take time, and in Parkdale the average time real estate has been on the market is 42.21 days.
Parkdale is 480th on a list of best yielding suburbs for rents in VIC with a 2.62% return
Investment property in Parkdale has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 15.71%
Comparing Parkdale,3195 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.08% offered to property buyers. Sellers in Parkdale itself are offering an average vendor discount of -6.80% to real estate investors.
Often selling an investment property can take time, and in Parkdale the average time real estate has been on the market is 53.1 days.