Property investors who have had real estate in Long Gully, 3550 should be ok with this VIC suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 4.17%
A 13.64% growth in median value for property investors in Long Gully,3550 puts this suburb at number 261th in terms of best performing suburbs in VIC
Long Gully, 3550 is offering VIC ‘s 112th 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.
Long Gully is in the bottom 40% in VIC when comparing median price capital growth over the last year. Long Gully gave property investors a disappointing capital gain figure when compared to the rest of the state, with 1.63%.
In the last year 10 properties changed hands in Long Gully, which puts it as the 382th most active market in VIC when comparing the number of sales per suburb.
A $260 per week rent on the median house gives suburb investors a gross yield of circa 5.78%, without taking into account capital value appreciation, which has been averaging out at 5.65%.