Canadian has had a quite poor year for property investment returns compared to the rest of VIC, giving investors a capital gain of 3.21% to date .
While Canadian,3350 ranked number 177th in VIC for increase in median house value (annualised) increase, it is ranked 436th over the last 5 years.
Vendor discounting in Canadian is giving property investors an average Vendor Discount of around -4.26%. This puts suburb at number 474th in VIC when ranking the most discounted suburbs.
If you compare the increase in value of investment property in Canadian, 3350 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this VIC suburb was -1.85%.
The five-year average increase in median property values for Canadian,3350 has given property investors a potential capital gain of 9.17% across each of those five years.
LACK OF BUYER INTEREST may well be the reason that Canadian is offering property investors an average of -5.33. This rate of discount on properties puts Suburb at number 216th in terms of most discounted suburbs in VIC