Investment property in Delahey 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 14.20%
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Delahey has increased when compared to the 5 year average annual rate.
Property buyers and investors in Delahey 3037 should be seeing an average reduction in asking price of around -4.19% . This means that Delahey is holding prices well when compared to other suburbs in VIC.
Using the current median advertised rental of $370 and the average annual increase in value of a median property of 8.13%, investors should hope to achieve an overall return of 3.35%