If you compare the increase in value of investment property in Spotswood, 3015 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this VIC suburb was 12.78%.
Comparing Spotswood,3015 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Sellers are offering property buyers an average discount of -4.93% to buyers in Spotswood at the moment, which is less than average for the rest of VIC.
Residents and property investors in Spotswood have been waiting around 44 days to sell a property.
Spotswood is 441th on a list of best yielding suburbs for rents in VIC with a 2.54% return
Property investors who have had real estate in Spotswood, 3015 should be pleased with this VIC suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 19.13%
If we look at median property appreciation over just the last three months, Spotswood has given property investors a paper return of 11.82%. This puts Suburb as 14 on a list of fastest fasting appreciating suburbs in VIC
Using the current median advertised rental of $450 and the average annual increase in value of a median property of 10.95%, investors should hope to achieve an overall return of 3.72%