If you compare the increase in value of investment property in Kilmore, 3764 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this VIC suburb was -1.41%.
If we look at median property appreciation over just the last three months, Kilmore has given property investors a paper return of -2.13%. This puts Suburb as 615 on a list of fastest fasting appreciating suburbs in VIC
LACK OF BUYER INTEREST may well be the reason that Kilmore is offering property investors an average of -6.03. This rate of discount on properties puts Suburb at number 316th in terms of most discounted suburbs in VIC
Residents and property investors in Kilmore have been waiting around 70.89 days to sell a property.
Property investors should expect to get $315 weekly from the median priced house in this suburb.
Investment property in Kilmore 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 8.22%
Comparing Kilmore,3764 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.12% offered to property buyers. Sellers in Kilmore itself are offering an average vendor discount of -3.89% to real estate investors.
With the median price for a house in Kilmore being $270000 and the advertised rent reaching $270 the gross rental yield for property investors calculates out to be 5.20%