If we look at median property appreciation over just the last three months, The Patch has given property investors a paper return of 3.74%. This puts Suburb as 246 on a list of fastest fasting appreciating suburbs in VIC
LACK OF BUYER INTEREST may well be the reason that The Patch is offering property investors an average of -5.41. This rate of discount on properties puts Suburb at number 134th in terms of most discounted suburbs in VIC
Often selling an investment property can take time, and in The Patch the average time real estate has been on the market is 49.14 days.