Over the last year, property investments in Pearcedale, 3912 have given investors a capital gain of 15.20%. This compares very favourably with the 8.27% for VIC as a whole.
If we look at median property appreciation over just the last three months, Pearcedale has given property investors a paper return of 4.23%. This puts Suburb as 128 on a list of fastest fasting appreciating suburbs in VIC
Property buyers and investors in Pearcedale 3912 should be seeing an average reduction in asking price of around -4.85% . This means that Pearcedale is holding prices well when compared to other suburbs in VIC.
With the median price for a house in Pearcedale being $542000 and the advertised rent reaching $400 the gross rental yield for property investors calculates out to be 3.84%