If you compare the increase in value of investment property in Chiltern, 3683 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this VIC suburb was -14.62%.
Comparing Chiltern,3683 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
State is the 5th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.80% offered to property buyers. Sellers in Chiltern itself are offering an average vendor discount of -5.56% to real estate investors.
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Chiltern, VIC – Embrace an active lifestyle
Median house price: $245,500
Three-year growth: -1.8%
Rental yield: 6.0%
A vibrant town of Victoria, Chiltern embraces the outdoors and prides itself in encouraging the sports, from swimming and cycling, to tennis and joining the football club.
In addition to a handful of local amenities, a range of shopping needs can be fulfilled in the nearby suburbs of Albury, Wodonga and Beechworth. There is also a local primary school, with further schools accessible in the greater surrounds.
Residents can enjoy the many walking trails and natural surrounds that sweep Mt. Pilot National Park, and the month of August sees Chiltern’s popular antique fair come to life, which provides locally made artistic works and gifts.