Over the last year, property investments in Invermay Park, 3350 have given investors a capital gain of -3.10%. This compares very badly with the 7.80% for VIC as a whole.
Property buyers and investors in Invermay Park 3350 should be seeing an average reduction in asking price of around -3.34% . This means that Invermay Park is holding prices well when compared to other suburbs in VIC.
In the last year 23 properties changed hands in Invermay Park, which puts it as the 570th most active market in VIC when comparing the number of sales per suburb.
A $350 per week rent on the median house gives suburb investors a gross yield of circa 4.85%, without taking into account capital value appreciation, which has been averaging out at 2.03%.