Investment property in Rutherglen has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 2.15%
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Rutherglen has increased when compared to the 5 year average annual rate.
Vendor discounting in Rutherglen is giving property investors an average Vendor Discount of around -6.53%. This puts suburb at number 181th in VIC when ranking the most discounted suburbs.
At number 2751 in a list of fastest selling suburbs, Rutherglen is in the bottom 30% of suburbs in Australia with an average of days on market 103.26 for properties listed there.
Property investors should expect to get $250 weekly from the median priced house in this suburb.