California Gully, 3556 ranked 595th in VIC when comparing growth in median property values or capital gain over the last 12 months. California Gully is one of 2098 in our list for VIC
Taking the average capital gain, or increase in median house value, California Gully,3556 has racked up an average of 0.00% over the period. This ranks it number 3432th in the whole country for real estate investors looking at median house price increases.
Our latest figures would indicate that property sellers in California Gully are currently offering property investors an average price cut of -7.48% below the asking price at the moment.
Using the current median advertised rental of $265 and the average annual increase in value of a median property of 3.85%, investors should hope to achieve an overall return of 5.40%
With the median price for a house in California Gully being $196250 and the advertised rent reaching $240 the gross rental yield for property investors calculates out to be 6.36%