Giving property investors a a stable capital gain of 7.77% for the last year, Norlane, 3214 is the 1504th highest performer in Australia in this respect.
Taking the average capital gain, or increase in median house value, Norlane,3214 has racked up an average of 7.77% over the period. This ranks it number 2308th in the whole country for real estate investors looking at median house price increases.
At number 323th of VIC’s most discounted properties, Norlane is in the middle of the state/territory when listing in order of most discounted to least.
Norlane, 3214’s gross rental yield is 5.29%
Norlane has had a pretty good year for property investment returns compared to the rest of VIC, giving investors a capital gain of 9.48% to date .
Norlane,3214 was ranked 674 in Australia by increase in median property value over the quarter.
State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.13% offered to property buyers. Sellers in Norlane itself are offering an average vendor discount of -4.81% to real estate investors.
Property investors should expect to get $250 weekly from the median priced house in this suburb.