Property investors who have had real estate in Sale, 3850 should be relatively unhappy with this VIC suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -1.51%
A 7.41% growth in median value for property investors in Sale,3850 puts this suburb at number 573th in terms of best performing suburbs in VIC
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 Sale, 3850. Typically our figures indicate that -5.94% is being offered, which puts this VIC suburb at 1840th most discounted overall in Australia.
At number 3058 in a list of fastest selling suburbs, Sale is in the bottom 20% of suburbs in Australia with an average of days on market 112.9 for properties listed there.
Sale, 3850 ranked 141th in VIC when comparing growth in median property values or capital gain over the last 12 months. Sale is one of 2098 in our list for VIC
Taking the average capital gain, or increase in median house value, Sale,3850 has racked up an average of 6.74% over the period. This ranks it number 659th in the whole country for real estate investors looking at median house price increases.
The most recent median price for Sale is $229500, with sellers offering an average of -5.60% off the asking price.
With the median price for a house in Sale being $229500 and the advertised rent reaching $230 the gross rental yield for property investors calculates out to be 5.21%