Property value increases in Grantville have tracked close to the VIC average of 9.04% over the last 12 months.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Grantville has increased when compared to the 5 year average annual rate.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Grantville, 3984. Typically our figures indicate that -7.74% is being offered, which puts this VIC suburb at 860th most discounted overall in Australia.
Using the current median advertised rental of $320 and the average annual increase in value of a median property of 5.67%, investors should hope to achieve an overall return of 5.94%