Casterton is in the TOP 10% in VIC when comparing median price capital growth over the last year. Casterton gave property investors a very good capital gain figure when compared to the rest of the state, with 26.98%.
While Casterton,3311 ranked number 18th in VIC for increase in median house value (annualised) increase, it is ranked 423th over the last 5 years.
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 Casterton itself are offering an average vendor discount of -14.26% to real estate investors.
Often selling an investment property can take time, and in Casterton the average time real estate has been on the market is 180.4 days.