VIC has seen average median house prices change by 11.00% which means that Drouin, 3818 has done well for property investors by showing a capital gain of 12.61% over the last year
Drouin,3818 has offered an average of 12.61% return per annum in house price rises to property investors over the last three years.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Drouin, 3818. Typically our figures indicate that -2.90% is being offered, which puts this VIC suburb at 3512th most discounted overall in Australia.
A $320 per week rent on the median house gives suburb investors a gross yield of circa 4.41%, without taking into account capital value appreciation, which has been averaging out at 5.62%.
VIC has seen average median house prices change by 5.66% which means that Drouin, 3818 has done well for property investors by showing a capital gain of 16.73% over the last year
If we look at median property appreciation over just the last three months, Drouin has given property investors a paper return of -1.38%. This puts Suburb as 294 on a list of fastest fasting appreciating suburbs in VIC
Sellers are offering property buyers an average discount of -4.20% to buyers in Drouin at the moment, which is less than average for the rest of VIC.
Advertised rents are around the $265 mark per week – giving a return of 4.82% based on the median price in Suburb