With a capital gain of -2.16% for the last 12 months, Dennington, 3280 has performed for property investments than its average annual 3.21% property growth over the last 5 years.
The five-year average increase in median property values for Dennington,3280 has given property investors a potential capital gain of -2.51% across each of those five years.
Property buyers and investors in Dennington 3280 should be seeing an average reduction in asking price of around -6.51% . This means that Dennington is holding prices well when compared to other suburbs in VIC.
A $360 per week rent on the median house gives suburb investors a gross yield of circa 5.51%, without taking into account capital value appreciation, which has been averaging out at 3.21%.