If you compare the increase in value of investment property in Sale, 3850 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this VIC suburb was 1.72%.
Over the longer term, Sale has seen property prices show investors a 5.73% return over the last 3 years. This is worse than over the last 12 months
LACK OF BUYER INTEREST may well be the reason that Sale is offering property investors an average of -6.04. This rate of discount on properties puts Suburb at number 352th in terms of most discounted suburbs in VIC
On average over the past year, suburb has had 21.83 sales per month, which equates to 262 per year.
Sale has had a very poor year for property investment returns compared to the rest of VIC, giving investors a capital gain of -5.58% to date .
When looking at the potential capital gains offered to property investors over the last 3 years, Sale comes in at number 143th in VIC.
State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.14% offered to property buyers. Sellers in Sale itself are offering an average vendor discount of -5.04% to real estate investors.
Property investors should expect to get $240 weekly from the median priced house in this suburb.