Over the last year, property investments in Sunset Strip, 3922 have given investors a capital gain of 17.60%. This compares very favourably with the 8.96% for VIC as a whole.
The five-year average increase in median property values for Sunset Strip,3922 has given property investors a potential capital gain of 14.89% across each of those five years.
Property buyers and investors in Sunset Strip 3922 should be seeing an average reduction in asking price of around -7.02% . This means that Sunset Strip is holding prices well when compared to other suburbs in VIC.
A $270 per week rent on the median house gives suburb investors a gross yield of circa 4.16%, without taking into account capital value appreciation, which has been averaging out at 5.52%.