At number 1569th in the list of Australian suburbs ordered by increase in median house value over the last year, Gisborne, 3437 is in the top 40% with a property value increase of 7.98% recorded in median house prices.
Gisborne,3437 was ranked 808 in Australia by increase in median property value over the quarter.
State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.99% offered to property buyers. Sellers in Gisborne itself are offering an average vendor discount of -5.01% to real estate investors.
In the last year 128 properties changed hands in Gisborne, which puts it as the 200th most active market in VIC when comparing the number of sales per suburb.
Advertised rents are around the $400 mark per week – giving a return of 3.62% based on the median price in Suburb
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 -3.41%.
If we look at median property appreciation over just the last three months, Gisborne has given property investors a paper return of -2.86%. This puts Suburb as 299 on a list of fastest fasting appreciating suburbs in VIC
Gisborne, 3437 is offering VIC ‘s 144th most discounted properties when looking at the average discount being offered by vendors. This puts it in the middle of discounts offered by this VIC.