With a capital gain of 11.41% for the last 12 months, Drysdale, 3222 has performed for property investments than its average annual 4.13% property growth over the last 5 years.
If we look at median property appreciation over just the last three months, Drysdale has given property investors a paper return of 7.55%. This puts Suburb as 47 on a list of fastest fasting appreciating suburbs in VIC
LACK OF BUYER INTEREST may well be the reason that Drysdale is offering property investors an average of -5.91. This rate of discount on properties puts Suburb at number 386th in terms of most discounted suburbs in VIC
Situated 52.28km from the CBD, Drysdale is one of Greater Geelong localities in the postcode 3222.
Drysdale has had a pretty good year for property investment returns compared to the rest of VIC, giving investors a capital gain of 7.59% to date .
Property investors looking for a bargain in Drysdale should be aiming for at least -3.07% off the asking price, which is the average vendor discount being achieved at the moment.
On average over the past year, suburb has had 2.58 sales per month, which equates to 31 per year.
Renters in Suburb are facing rents around $3330 per annum or $277.5 every week.