With a capital gain of 5.52% for the last 12 months, Somers, 3927 has performed for property investments than its average annual 7.20% property growth over the last 5 years.
Taking the average capital gain, or increase in median house value, Somers,3927 has racked up an average of 5.52% over the period. This ranks it number 2849th in the whole country for real estate investors looking at median house price increases.
Sellers are offering property buyers an average discount of -4.72% to buyers in Somers at the moment, which is less than average for the rest of VIC.
On average over the past year, suburb has had 3.50 sales per month, which equates to 42 per year.
Property investors should expect to get $420 weekly from the median priced house in this suburb.