Spring Gully, 3550 ranked 596th in VIC when comparing growth in median property values or capital gain over the last 12 months. Spring Gully is one of 2098 in our list for VIC
If we look at median property appreciation over just the last three months, Spring Gully has given property investors a paper return of -0.58%. This puts Suburb as 562 on a list of fastest fasting appreciating suburbs in VIC
Vendor discounting in Spring Gully is giving property investors an average Vendor Discount of around -5.20%. This puts suburb at number 350th in VIC when ranking the most discounted suburbs.
Often selling an investment property can take time, and in Spring Gully the average time real estate has been on the market is 62.48 days.
With the median price for a house in Spring Gully being $345000 and the advertised rent reaching $320 the gross rental yield for property investors calculates out to be 4.82%
Spring Gully is an average performer in VIC when comparing median price capital growth over the last year. Spring Gully gave property investors a average capital gain figure when compared to the rest of the state, with 3.53%.
When looking at the potential capital gains offered to property investors over the last 3 years, Spring Gully comes in at number 282th in VIC.
Vendor discounting in Spring Gully is giving property investors an average Vendor Discount of around -5.86%. This puts suburb at number 93th in VIC when ranking the most discounted suburbs.
In the last year 23 properties changed hands in Spring Gully, which puts it as the 278th most active market in VIC when comparing the number of sales per suburb.