Canadian, 3350 ranked 658th in VIC when comparing growth in median property values or capital gain over the last 12 months. Canadian is one of 2098 in our list for VIC
When looking at the potential capital gains offered to property investors over the last 3 years, Canadian comes in at number 572th in VIC.
Property investors looking for a bargain in Canadian should be aiming for at least -5.03% off the asking price, which is the average vendor discount being achieved at the moment.
Situated 99.15km from the CBD, Canadian is one of Ballarat localities in the postcode 3350.
Canadian has had a very poor year for property investment returns compared to the rest of VIC, giving investors a capital gain of -5.66% to date .
Over the longer term, Canadian has seen property prices show investors a -5.66% return over the last 3 years. This is the same as over the last 12 months
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 -6.55% is being offered, which puts this VIC suburb at 343th most discounted overall in Australia.
Advertised rents are around the $260 mark per week – giving a return of 5.41% based on the median price in Suburb