Giving property investors a an average capital gain of 5.24% for the last year, Doreen, 3754 is the 1966th 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 Doreen has fallen somewhat 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 Doreen, 3754. Typically our figures indicate that -6.29% is being offered, which puts this VIC suburb at 1633th most discounted overall in Australia.
On average over the past year, suburb has had 34.42 sales per month, which equates to 413 per year.
A $355 per week rent on the median house gives suburb investors a gross yield of circa 4.01%, without taking into account capital value appreciation, which has been averaging out at 3.19%.
While Doreen,3754 ranked number 55th in VIC for increase in median house value (annualised) increase, it is ranked 335th over the last 5 years.
The VIC suburb of Doreen, 3754 is in the Nillumbik local government area.