Over the last year, property investments in Maidstone, 3012 have given investors a capital gain of 2.87%. This compares averagely with the 5.12% for VIC as a whole.
Maidstone,3012 has offered an average of 2.87% return per annum in house price rises to property investors over the last three years.
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 -7.07% is being offered, which puts this VIC suburb at 894th most discounted overall in Australia.
At number 1655 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 71.5 for properties listed there.
A $450 per week rent on the median house gives suburb investors a gross yield of circa 3.03%, without taking into account capital value appreciation, which has been averaging out at 5.61%.
Giving property investors a a solid capital gain of 20.30% for the last year, Maidstone, 3012 is the 88th highest performer in Australia in this respect.
Over the longer term, Maidstone has seen property prices show investors a 18.51% return over the last 3 years. This is an improvement over the last 12 months
Property buyers and investors in Maidstone 3012 should be seeing an average reduction in asking price of around -6.10% . This means that Maidstone is holding prices well when compared to other suburbs in VIC.
In the last year 118 properties changed hands in Maidstone, which puts it as the 64th most active market in VIC when comparing the number of sales per suburb.
With the median price for a house in Maidstone being $598500 and the advertised rent reaching $440 the gross rental yield for property investors calculates out to be 3.82%