Canadian has had a very poor year for property investment returns compared to the rest of VIC, giving investors a capital gain of -8.85% to date .
Across a shorter period, Canadian, 3350 has seen a median price increase of -1.52% over the last quarter.
Sellers are offering property buyers an average discount of -5.08% to buyers in Canadian at the moment, which is less than average for the rest of VIC.
Residents and property investors in Canadian have been waiting around 101.76 days to sell a property.
The VIC suburb of Canadian, 3350 is in the Ballarat local government area.
Canadian is an average performer in VIC when comparing median price capital growth over the last year. Canadian gave property investors a good capital gain figure when compared to the rest of the state, with 9.67%.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Canadian has increased when compared to the 5 year average annual rate.
Sellers are offering property buyers an average discount of -5.68% to buyers in Canadian at the moment, which is less than average for the rest of VIC.
Situated 99.57km from the CBD, Canadian is one of Ballarat localities in the postcode 3350.