If you compare the increase in value of investment property in Dromana, 3936 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this VIC suburb was 13.56%.
A 37.09% growth in median value for property investors in Dromana,3936 puts this suburb at number 119th in terms of best performing suburbs in VIC
At number 272th of VIC’s most discounted properties, Dromana is in the middle of the state/territory when listing in order of most discounted to least.
Using the current median advertised rental of $375 and the average annual increase in value of a median property of 7.32%, investors should hope to achieve an overall return of 3.02%
Property value increases in Dromana have tracked higher than the VIC average of 4.79% over the last 12 months.
If we look at median property appreciation over just the last three months, Dromana has given property investors a paper return of 1.13%. This puts Suburb as 200 on a list of fastest fasting appreciating suburbs in VIC
Dromana3936 is located in VIC which offers an average discount of -4.87% to property investors. Dromana itself is showing figures that indicate -3.84% is the average achievable by property buyers investing in the suburb.