VIC has seen average median house prices change by 9.04% which means that Koroit, 3282 has done well for property investors by showing a capital gain of -0.78% over the last year
A 2.32% growth in median value for property investors in Koroit,3282 puts this suburb at number 640th in terms of best performing suburbs in VIC
Property investors looking for a bargain in Koroit should be aiming for at least -5.88% off the asking price, which is the average vendor discount being achieved at the moment.
At number 2867 in a list of fastest selling suburbs, Koroit is in the bottom 30% of suburbs in Australia with an average of days on market 106.95 for properties listed there.
A $310 per week rent on the median house gives suburb investors a gross yield of circa 5.63%, without taking into account capital value appreciation, which has been averaging out at 4.17%.