VIC has seen average median house prices change by 9.78% which means that Queenscliff, 3225 has done well for property investors by showing a capital gain of 3.55% over the last year
If we look at median property appreciation over just the last three months, Queenscliff has given property investors a paper return of -2.99%. This puts Suburb as 651 on a list of fastest fasting appreciating suburbs in VIC
State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.71% offered to property buyers. Sellers in Queenscliff itself are offering an average vendor discount of -3.77% to real estate investors.
In the last year 46 properties changed hands in Queenscliff, which puts it as the 448th most active market in VIC when comparing the number of sales per suburb.
Property investors should expect to get $350 weekly from the median priced house in this suburb.
Queenscliff is in the bottom 10% in VIC when comparing median price capital growth over the last year. Queenscliff gave property investors a dismal capital gain figure when compared to the rest of the state, with -26.36%.