VIC has seen average median house prices change by 8.06% which means that Gisborne, 3437 has done well for property investors by showing a capital gain of 15.22% over the last year
Taking the average capital gain, or increase in median house value, Gisborne,3437 has racked up an average of 15.22% over the period. This ranks it number 1203th in the whole country for real estate investors looking at median house price increases.
Sellers are offering property buyers an average discount of -4.63% to buyers in Gisborne at the moment, which is less than average for the rest of VIC.
Gisborne is 316th on a list of best yielding suburbs for rents in VIC with a 3.61% return
Property value increases in Gisborne have tracked close to the VIC average of 3.11% over the last 12 months.
The five-year average increase in median property values for Gisborne,3437 has given property investors a potential capital gain of 24.67% across each of those five years.
The most recent median price for Gisborne is $449750, with sellers offering an average of -4.77% off the asking price.
Gisborne, 3437’s gross rental yield is 3.70%