VIC has seen average median house prices change by 8.96% which means that Cape Paterson, 3995 has done well for property investors by showing a capital gain of 3.66% over the last year
Over the longer term, Cape Paterson has seen property prices show investors a 11.35% return over the last 3 years. This is worse than over the last 12 months
Property investors looking for a bargain in Cape Paterson should be aiming for at least -6.27% off the asking price, which is the average vendor discount being achieved at the moment.
On average over the past year, suburb has had 4.17 sales per month, which equates to 50 per year.
With the median price for a house in Cape Paterson being $375250 and the advertised rent reaching $260 the gross rental yield for property investors calculates out to be 3.60%