If you compare the increase in value of investment property in Edithvale, 3196 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this VIC suburb was 20.91%.
Edithvale,3196 has offered an average of 20.91% return per annum in house price rises to property investors over the last three years.
Our latest figures would indicate that property sellers in Edithvale are currently offering property investors an average price cut of -5.66% below the asking price at the moment.
VIC has seen average median house prices change by 3.19% which means that Edithvale, 3196 has done well for property investors by showing a capital gain of 25.38% over the last year
Across a shorter period, Edithvale, 3196 has seen a median price increase of 5.60% over the last quarter.
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 -3.64% is being offered, which puts this VIC suburb at 1192th most discounted overall in Australia.
Renters in Suburb are facing rents around $4650 per annum or $387.5 every week.