With a capital gain of -0.26% for the last 12 months, Maryborough, 3465 has performed for property investments than its average annual 3.55% property growth over the last 5 years.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Maryborough has increased when compared to the 5 year average annual rate.
Our latest figures would indicate that property sellers in Maryborough are currently offering property investors an average price cut of -6.66% below the asking price at the moment.
With the median price for a house in Maryborough being $193000 and the advertised rent reaching $240 the gross rental yield for property investors calculates out to be 6.47%
VIC has seen average median house prices change by 4.83% which means that Maryborough, 3465 has done well for property investors by showing a capital gain of 8.78% over the last year
The five-year average increase in median property values for Maryborough,3465 has given property investors a potential capital gain of 19.73% across each of those five years.
Maryborough, 3465 is offering VIC ‘s 60th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 20% of discounts offered by this VIC.
In the last year 20 properties changed hands in Maryborough, which puts it as the 296th most active market in VIC when comparing the number of sales per suburb.
Using the current median advertised rental of $210 and the average annual increase in value of a median property of 4.67%, investors should hope to achieve an overall return of 4.90%