Giving property investors a an average capital gain of 4.35% for the last year, Rutherglen, 3685 is the 2055th highest performer in Australia in this respect.
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.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Rutherglen, 3685. Typically our figures indicate that -9.73% is being offered, which puts this VIC suburb at 391th most discounted overall in Australia.
A $250 per week rent on the median house gives suburb investors a gross yield of circa 5.42%, without taking into account capital value appreciation, which has been averaging out at 1.70%.