Property investors who have had real estate in Avoca, 3467 should be unhappy with this VIC suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -7.07%
Across a shorter period, Avoca, 3467 has seen a median price increase of -1.83% over the last quarter.
State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.00% offered to property buyers. Sellers in Avoca itself are offering an average vendor discount of -6.88% to real estate investors.
With the median price for a house in Avoca being $174250 and the advertised rent reaching $212.5 the gross rental yield for property investors calculates out to be 6.34%