Cape Paterson has had a pretty good year for property investment returns compared to the rest of VIC, giving investors a capital gain of 15.60% to date .
While Cape Paterson,3995 ranked number 52th in VIC for increase in median house value (annualised) increase, it is ranked 618th over the last 5 years.
LACK OF BUYER INTEREST may well be the reason that Cape Paterson is offering property investors an average of -5.53. This rate of discount on properties puts Suburb at number 208th in terms of most discounted suburbs in VIC
On average over the past year, suburb has had 3.83 sales per month, which equates to 46 per year.
Advertised rents are around the $255 mark per week – giving a return of 3.25% based on the median price in Suburb