Investment property in Ardeer has done poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -7.93%
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Ardeer has increased when compared to the 5 year average annual rate.
State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.34% offered to property buyers. Sellers in Ardeer itself are offering an average vendor discount of -7.16% to real estate investors.
With the median price for a house in Ardeer being $577500 and the advertised rent reaching $350 the gross rental yield for property investors calculates out to be 3.15%
If you compare the increase in value of investment property in Ardeer, 3022 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this VIC suburb was 11.89%.
Ardeer,3022 has offered an average of 11.89% return per annum in house price rises to property investors over the last three years.
Often selling an investment property can take time, and in Ardeer the average time real estate has been on the market is 95.2 days.
Ardeer, 3022’s gross rental yield is 3.72%