If you compare the increase in value of investment property in Longwarry, 3816 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this VIC suburb was 13.56%.
Longwarry,3816 has offered an average of 13.56% return per annum in house price rises to property investors over the last three years.
Longwarry3816 is located in VIC which offers an average discount of -5.99% to property investors. Longwarry itself is showing figures that indicate -3.05% is the average achievable by property buyers investing in the suburb.
Often selling an investment property can take time, and in Longwarry the average time real estate has been on the market is 81.21 days.
Renters in Suburb are facing rents around $3720 per annum or $310 every week.
If you compare the increase in value of investment property in Longwarry, 3816 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this VIC suburb was 2.88%.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Longwarry has increased when compared to the 5 year average annual rate.
LACK OF BUYER INTEREST may well be the reason that Longwarry is offering property investors an average of -5.33. This rate of discount on properties puts Suburb at number 255th in terms of most discounted suburbs in VIC
On average over the past year, suburb has had 1.08 sales per month, which equates to 13 per year.