Property investors who have had real estate in Epsom, 3551 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 -4.35%
The five-year average increase in median property values for Epsom,3551 has given property investors a potential capital gain of 6.11% across each of those five years.
LACK OF BUYER INTEREST may well be the reason that Epsom is offering property investors an average of -5.80. This rate of discount on properties puts Suburb at number 308th in terms of most discounted suburbs in VIC
On average over the past year, suburb has had 6.42 sales per month, which equates to 77 per year.
A $320 per week rent on the median house gives suburb investors a gross yield of circa 5.04%, without taking into account capital value appreciation, which has been averaging out at 1.96%.