Property investors who have had real estate in Chiltern, 3683 should be pleased with this VIC suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 14.09%
Chiltern,3683 was ranked 153 in Australia by increase in median property value over the quarter.
LACK OF BUYER INTEREST may well be the reason that Chiltern is offering property investors an average of -6.03. This rate of discount on properties puts Suburb at number 541th in terms of most discounted suburbs in VIC
A $250 per week rent on the median house gives suburb investors a gross yield of circa 5.18%, without taking into account capital value appreciation, which has been averaging out at 3.55%.