Investment property in Drysdale has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 5.79%
The five-year average increase in median property values for Drysdale,3222 has given property investors a potential capital gain of 15.23% across each of those five years.
Property buyers and investors in Drysdale 3222 should be seeing an average reduction in asking price of around -5.10% . This means that Drysdale is holding prices well when compared to other suburbs in VIC.
VIC has seen average median house prices change by 4.28% which means that Drysdale, 3222 has done well for property investors by showing a capital gain of 9.12% over the last year
Across a shorter period, Drysdale, 3222 has seen a median price increase of -4.31% over the last quarter.
Property investors looking for a bargain in Drysdale should be aiming for at least -3.02% 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.
The VIC suburb of Drysdale, 3222 is in the Greater Geelong local government area.