Investment property in Doreen has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 13.33%
Taking the average capital gain, or increase in median house value, Doreen,3754 has racked up an average of 13.33% over the period. This ranks it number 1723th in the whole country for real estate investors looking at median house price increases.
Doreen, 3754 is offering VIC ‘s 342th most discounted properties when looking at the average discount being offered by vendors. This puts it in the middle of discounts offered by this VIC.
On average over the past year, suburb has had 35.08 sales per month, which equates to 421 per year.
With the median price for a house in Doreen being $510000 and the advertised rent reaching $370 the gross rental yield for property investors calculates out to be 3.77%