At number 444th in the list of Australian suburbs ordered by increase in median house value over the last year, Gisborne, 3437 is in the top 20% with a property value increase of 15.91% recorded in median house prices.
A 46.55% growth in median value for property investors in Gisborne,3437 puts this suburb at number 261th in terms of best performing suburbs in VIC
Gisborne, 3437 is offering VIC ‘s 428th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 40% of discounts offered by this VIC.
Residents and property investors in Gisborne have been waiting around 102.85 days to sell a property.
If you compare the increase in value of investment property in Gisborne, 3437 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this VIC suburb was 1.66%.
While Gisborne,3437 ranked number 266th in VIC for increase in median house value (annualised) increase, it is ranked 75th over the last 5 years.
State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.08% offered to property buyers. Sellers in Gisborne itself are offering an average vendor discount of -4.85% to real estate investors.
On average over the past year, suburb has had 2.17 sales per month, which equates to 26 per year.