Investment property in Cape Paterson has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 13.12%
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Cape Paterson has fallen somewhat when compared to the 5 year average annual rate.
Vendor discounting in Cape Paterson is giving property investors an average Vendor Discount of around -6.02%. This puts suburb at number 210th in VIC when ranking the most discounted suburbs.
Using the current median advertised rental of $257.5 and the average annual increase in value of a median property of 4.47%, investors should hope to achieve an overall return of 3.43%