With a capital gain of 5.84% for the last 12 months, Canadian, 3350 has performed for property investments than its average annual 4.30% property growth over the last 5 years.
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.
Our latest figures would indicate that property sellers in Canadian are currently offering property investors an average price cut of -4.29% below the asking price at the moment.
Over the last year, property investments in Canadian, 3350 have given investors a capital gain of -12.48%. This compares very badly with the 3.63% for VIC as a whole.
Comparing Canadian,3350 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Property buyers and investors in Canadian 3350 should be seeing an average reduction in asking price of around -6.47% . This means that Canadian is holding prices well when compared to other suburbs in VIC.
At number 1465 in a list of fastest selling suburbs, Canadian is in the bottom 10% of suburbs in Australia with an average of days on market 168.07 for properties listed there.
The VIC suburb of Canadian, 3350 is in the Ballarat local government area.