At number 2855th in the list of Australian suburbs ordered by increase in median house value over the last year, Kilmore, 3764 is in the BOTTOM 40% with a property value increase of -0.22% recorded in median house prices.
Over the longer term, Kilmore has seen property prices show investors a 2.38% return over the last 3 years. This is worse than over the last 12 months
Kilmore, 3764 is offering VIC ‘s 341th 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.
With the median price for a house in Kilmore being $332750 and the advertised rent reaching $305 the gross rental yield for property investors calculates out to be 4.77%
With a capital gain of 8.43% for the last 12 months, Kilmore, 3764 has performed for property investments than its average annual 3.69% property growth over the last 5 years.
Taking the average capital gain, or increase in median house value, Kilmore,3764 has racked up an average of 8.43% over the period. This ranks it number 704th in the whole country for real estate investors looking at median house price increases.
Property buyers and investors in Kilmore 3764 should be seeing an average reduction in asking price of around -3.63% . This means that Kilmore is holding prices well when compared to other suburbs in VIC.
Often selling an investment property can take time, and in Kilmore the average time real estate has been on the market is 109.2 days.