Giving property investors a an unimpressive capital gain of 1.47% for the last year, Long Gully, 3550 is the 2750th highest performer in Australia in this respect.
If we look at median property appreciation over just the last three months, Long Gully has given property investors a paper return of 1.47%. This puts Suburb as 413 on a list of fastest fasting appreciating suburbs in VIC
Our latest figures would indicate that property sellers in Long Gully are currently offering property investors an average price cut of -6.60% below the asking price at the moment.
Advertised rents are around the $265 mark per week – giving a return of 5.72% based on the median price in Suburb