Property investors who have had real estate in Endeavour Hills, 3802 should be relatively pleased with this VIC suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 10.15%
Endeavour Hills,3802 has offered an average of 10.15% return per annum in house price rises to property investors over the last three years.
Our latest figures would indicate that property sellers in Endeavour Hills are currently offering property investors an average price cut of -3.94% below the asking price at the moment.
Over the last year, property investments in Endeavour Hills, 3802 have given investors a capital gain of -0.25%. This compares badly with the 2.98% for VIC as a whole.
A 20.61% growth in median value for property investors in Endeavour Hills,3802 puts this suburb at number 244th in terms of best performing suburbs in VIC
Property investors looking for a bargain in Endeavour Hills should be aiming for at least -1.56% off the asking price, which is the average vendor discount being achieved at the moment.
At number 1 in a list of fastest selling suburbs, Endeavour Hills is in the TOP 10% of suburbs in Australia with an average of days on market 15.08 for properties listed there.
A $350 per week rent on the median house gives suburb investors a gross yield of circa 4.61%, without taking into account capital value appreciation, which has been averaging out at 4.40%.