Property value increases in Kilmore have tracked just lower than the VIC average of 8.23% over the last 12 months.
If we look at median property appreciation over just the last three months, Kilmore has given property investors a paper return of -0.44%. This puts Suburb as 515 on a list of fastest fasting appreciating suburbs in VIC
Property investors looking for a bargain in Kilmore should be aiming for at least -5.17% off the asking price, which is the average vendor discount being achieved at the moment.
Often selling an investment property can take time, and in Kilmore the average time real estate has been on the market is 76.9 days.
Advertised rents are around the $300 mark per week – giving a return of 4.60% based on the median price in Suburb
Investment property in Kilmore has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 3.32%
Kilmore,3764 has offered an average of 3.32% return per annum in house price rises to property investors over the last three years.
Situated 56.93km from the CBD, Kilmore is one of Mitchell localities in the postcode 3764.