Property value increases in Maidstone have tracked just lower than the VIC average of -1.79% over the last 12 months.
Over the longer term, Maidstone has seen property prices show investors a 15.50% return over the last 3 years. This is worse than over the last 12 months
Sellers are offering property buyers an average discount of -6.06% to buyers in Maidstone at the moment, which is less than average for the rest of VIC.
At number 1647 in a list of fastest selling suburbs, Maidstone is just in the top half of suburbs in Australia with an average of days on market 74.4 for properties listed there.
Maidstone, 3012’s gross rental yield is 3.14%
Investment property in Maidstone has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 8.18%
Over the longer term, Maidstone has seen property prices show investors a 9.21% return over the last 3 years. This is worse than over the last 12 months
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Maidstone, 3012. Typically our figures indicate that -6.08% is being offered, which puts this VIC suburb at 609th most discounted overall in Australia.
At number 338 in a list of fastest selling suburbs, Maidstone is in the TOP 30% of suburbs in Australia with an average of days on market 66.0185 for properties listed there.
A $430 per week rent on the median house gives suburb investors a gross yield of circa 4.33%, without taking into account capital value appreciation, which has been averaging out at 3.96%.