Giving property investors a a solid capital gain of 14.32% for the last year, Gisborne, 3437 is the 734th highest performer in Australia in this respect.
While Gisborne,3437 ranked number 521th in VIC for increase in median house value (annualised) increase, it is ranked 153th over the last 5 years.
Our latest figures would indicate that property sellers in Gisborne are currently offering property investors an average price cut of -5.22% below the asking price at the moment.
Gisborne is 312th on a list of best yielding suburbs for rents in VIC with a 3.56% return
If you compare the increase in value of investment property in Gisborne, 3437 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 -1.42%.
Over the longer term, Gisborne has seen property prices show investors a 18.70% return over the last 3 years. This is worse than over the last 12 months
At number 186th of VIC’s most discounted properties, Gisborne is in the middle of the state/territory when listing in order of most discounted to least.
Using the current median advertised rental of $340 and the average annual increase in value of a median property of 4.75%, investors should hope to achieve an overall return of 4.06%