Property investors who have had real estate in Maffra, 3860 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 increase in value by 2.00%
Maffra,3860 has offered an average of 2.00% return per annum in house price rises to property investors over the last three years.
Property investors looking for a bargain in Maffra should be aiming for at least -4.99% off the asking price, which is the average vendor discount being achieved at the moment.
In the last year 90 properties changed hands in Maffra, which puts it as the 287th most active market in VIC when comparing the number of sales per suburb.
Using the current median advertised rental of $250 and the average annual increase in value of a median property of 5.00%, investors should hope to achieve an overall return of 5.10%