VIC has seen average median house prices change by 8.06% which means that Elliminyt, 3250 has done well for property investors by showing a capital gain of 17.14% over the last year
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Elliminyt has increased when compared to the 5 year average annual rate.
Property buyers and investors in Elliminyt 3250 should be seeing an average reduction in asking price of around -4.40% . This means that Elliminyt is holding prices well when compared to other suburbs in VIC.
A $270 per week rent on the median house gives suburb investors a gross yield of circa 3.80%, without taking into account capital value appreciation, which has been averaging out at 6.48%.