Over the last year, property investments in Breakwater, 3219 have given investors a capital gain of 4.76%. This compares badly with the 7.80% for VIC as a whole.
Breakwater,3219 has offered an average of 4.76% return per annum in house price rises to property investors over the last three years.
LACK OF BUYER INTEREST may well be the reason that Breakwater is offering property investors an average of -6.04. This rate of discount on properties puts Suburb at number 362th in terms of most discounted suburbs in VIC
On average over the past year, suburb has had 1.25 sales per month, which equates to 15 per year.
Breakwater is 56th on a list of best yielding suburbs for rents in VIC with a 5.67% return
Situated 66.17km from the CBD, Breakwater is one of Greater Geelong localities in the postcode 3219.