If you compare the increase in value of investment property in Somers, 3927 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this VIC suburb was 5.30%.
While Somers,3927 ranked number 220th in VIC for increase in median house value (annualised) increase, it is ranked 375th over the last 5 years.
The most recent median price for Somers is $735000, with sellers offering an average of -5.64% off the asking price.
Often selling an investment property can take time, and in Somers the average time real estate has been on the market is 116.13 days.
Advertised rents are around the $355 mark per week – giving a return of 2.51% based on the median price in Suburb