VIC has seen average median house prices change by 8.23% which means that Edithvale, 3196 has done well for property investors by showing a capital gain of 21.21% over the last year
Edithvale,3196 has offered an average of 21.21% return per annum in house price rises to property investors over the last three years.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Edithvale, 3196. Typically our figures indicate that -3.06% is being offered, which puts this VIC suburb at 3509th most discounted overall in Australia.
On average over the past year, suburb has had 6.33 sales per month, which equates to 76 per year.
Giving property investors a a stable capital gain of 8.12% for the last year, Edithvale, 3196 is the 549th highest performer in Australia in this respect.
Edithvale,3196 was ranked 99 in Australia by increase in median property value over the quarter.
LACK OF BUYER INTEREST may well be the reason that Edithvale is offering property investors an average of -5.27. This rate of discount on properties puts Suburb at number 15th in terms of most discounted suburbs in VIC
In the last year 74 properties changed hands in Edithvale, which puts it as the 118th most active market in VIC when comparing the number of sales per suburb.
Using the current median advertised rental of $390 and the average annual increase in value of a median property of 5.72%, investors should hope to achieve an overall return of 3.90%