If you compare the increase in value of investment property in Garfield, 3814 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this VIC suburb was 10.98%.
Comparing Garfield,3814 ‘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 -6.00% offered to property buyers. Sellers in Garfield itself are offering an average vendor discount of -2.71% to real estate investors.
Often selling an investment property can take time, and in Garfield the average time real estate has been on the market is 90.18 days.
Property investors looking for a bargain in Garfield should be aiming for at least -1.76% 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 Garfield the average time real estate has been on the market is 98 days.