Investment property in Drysdale has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 13.61%
Comparing Drysdale,3222 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Drysdale3222 is located in VIC which offers an average discount of -5.53% to property investors. Drysdale itself is showing figures that indicate -4.36% is the average achievable by property buyers investing in the suburb.
Often selling an investment property can take time, and in Drysdale the average time real estate has been on the market is 74.84 days.
Drysdale, 3222’s gross rental yield is 4.08%
Over the last year, property investments in Drysdale, 3222 have given investors a capital gain of -1.29%. This compares badly with the 4.79% for VIC as a whole.
The five-year average increase in median property values for Drysdale,3222 has given property investors a potential capital gain of 15.09% across each of those five years.
Property investors looking for a bargain in Drysdale should be aiming for at least -2.90% off the asking price, which is the average vendor discount being achieved at the moment.
On average over the past year, suburb has had 3.25 sales per month, which equates to 39 per year.
Drysdale is 88th on a list of best yielding suburbs for rents in VIC with a 4.86% return