Over the last year, property investments in Clayton South, 3169 have given investors a capital gain of 6.25%. This compares averagely with the 8.62% for VIC as a whole.
Taking the average capital gain, or increase in median house value, Clayton South,3169 has racked up an average of 6.25% over the period. This ranks it number 477th in the whole country for real estate investors looking at median house price increases.
Our latest figures would indicate that property sellers in Clayton South are currently offering property investors an average price cut of -5.61% below the asking price at the moment.
Clayton South, 3169’s gross rental yield is 2.57%
Over the last year, property investments in Clayton South, 3169 have given investors a capital gain of 34.09%. This compares very favourably with the 7.50% for VIC as a whole.
If we look at median property appreciation over just the last three months, Clayton South has given property investors a paper return of 0.85%. This puts Suburb as 178 on a list of fastest fasting appreciating suburbs in VIC
Sellers are offering property buyers an average discount of -6.16% to buyers in Clayton South at the moment, which is less than average for the rest of VIC.
At number 729 in a list of fastest selling suburbs, Clayton South is just in the bottom half of suburbs in Australia with an average of days on market 72 for properties listed there.
Clayton South is 277th on a list of best yielding suburbs for rents in VIC with a 3.35% return
Also known as Westall, the suburb of Clayton South looks to be performing well, recording a drop in its average vacancy rate from 2.4% to 1.3% in the course of a year and reporting reasonable growth in the unit marketFull summary
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Affordable suburb gains more residents
Median unit price: $432,500
Vacancy rate: 1.3%
Three-year growth: 1.8%
Also known as Westall, the suburb of Clayton South looks to be performing well, recording a drop in its average vacancy rate from 2.4% to 1.3% in the course of a year and reporting reasonable growth in the unit market.
Despite being roughly 40 minutes from the Melbourne CBD, Clayton South apartments are in good demand, with the average vendor discount rate coming in at just 2.5% while investors gain a good average yield of 4.3%.
The suburb itself is well-stocked, being home to several schools like St Andrews Primary School, Westall Secondary College and Heatherton Christian College. The Clayton Business Park provides employment opportunities. For relaxation, Rosebank Avenue is lined with shops and dining options; alternatively, residents can visit one of the many parks in the suburb.