Investment property in Maidstone has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 13.56%
Taking the average capital gain, or increase in median house value, Maidstone,3012 has racked up an average of 13.56% over the period. This ranks it number 1019th in the whole country for real estate investors looking at median house price increases.
Property buyers and investors in Maidstone 3012 should be seeing an average reduction in asking price of around -4.10% . This means that Maidstone is holding prices well when compared to other suburbs in VIC.
Maidstone, 3012’s gross rental yield is 2.73%
Property investors who have had real estate in Maidstone, 3012 should be unhappy with this VIC suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -10.00%
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Maidstone has increased when compared to the 5 year average annual rate.
Vendor discounting in Maidstone is giving property investors an average Vendor Discount of around -4.17%. This puts suburb at number 185th in VIC when ranking the most discounted suburbs.
Advertised rents are around the $380 mark per week – giving a return of 4.39% based on the median price in Suburb