If you compare the increase in value of investment property in Doreen, 3754 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this VIC suburb was 6.41%.
When looking at the potential capital gains offered to property investors over the last 3 years, Doreen comes in at number 521th in VIC.
Doreen3754 is located in VIC which offers an average discount of -6.04% to property investors. Doreen itself is showing figures that indicate -6.32% is the average achievable by property buyers investing in the suburb.
Residents and property investors in Doreen have been waiting around 63.89 days to sell a property.
Advertised rents are around the $352.5 mark per week – giving a return of 3.94% based on the median price in Suburb
On average over the past year, suburb has had 0.92 sales per month, which equates to 11 per year.
A $315 per week rent on the median house gives suburb investors a gross yield of circa 4.68%, without taking into account capital value appreciation, which has been averaging out at 28.12%.