With a capital gain of 0.22% for the last 12 months, Canadian, 3350 has performed for property investments than its average annual 5.52% property growth over the last 5 years.
The five-year average increase in median property values for Canadian,3350 has given property investors a potential capital gain of 14.77% across each of those five years.
Vendor discounting in Canadian is giving property investors an average Vendor Discount of around -5.34%. This puts suburb at number 341th in VIC when ranking the most discounted suburbs.
Residents and property investors in Canadian have been waiting around 109.01 days to sell a property.
With the median price for a house in Canadian being $343750 and the advertised rent reaching $280 the gross rental yield for property investors calculates out to be 4.24%
Giving property investors a a poor capital gain of -12.96% for the last year, Canadian, 3350 is the 1614th highest performer in Australia in this respect.
While Canadian,3350 ranked number 196th in VIC for increase in median house value (annualised) increase, it is ranked 301th over the last 5 years.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Canadian, 3350. Typically our figures indicate that -7.38% is being offered, which puts this VIC suburb at 217th most discounted overall in Australia.
On average over the past year, suburb has had 1.83 sales per month, which equates to 22 per year.