At number 165th in the list of Australian suburbs ordered by increase in median house value over the last year, Junortoun, 3551 is in the top 10% with a property value increase of 24.54% recorded in median house prices.
Over the longer term, Junortoun has seen property prices show investors a 7.48% return over the last 3 years. This is an improvement over the last 12 months
LACK OF BUYER INTEREST may well be the reason that Junortoun is offering property investors an average of -5.87. This rate of discount on properties puts Suburb at number 98th in terms of most discounted suburbs in VIC
On average over the past year, suburb has had 1.33 sales per month, which equates to 16 per year.
Junortoun, 3551’s gross rental yield is 4.47%