Property investors who have had real estate in California Gully, 3556 should be relatively 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 -0.58%
The five-year average increase in median property values for California Gully,3556 has given property investors a potential capital gain of 8.28% across each of those five years.
California Gully, 3556 is offering VIC ‘s 128th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 30% of discounts offered by this VIC.
Using the current median advertised rental of $260 and the average annual increase in value of a median property of 3.80%, investors should hope to achieve an overall return of 5.30%