Sydenham has had a pretty good year for property investment returns compared to the rest of VIC, giving investors a capital gain of 16.86% to date .
If we look at median property appreciation over just the last three months, Sydenham has given property investors a paper return of 1.71%. This puts Suburb as 322 on a list of fastest fasting appreciating suburbs in VIC
The most recent median price for Sydenham is $596000, with sellers offering an average of -3.83% off the asking price.
At number 287th in the list of Australian suburbs ordered by increase in median house value over the last year, Sydenham, 3037 is in the top 20% with a property value increase of 14.71% recorded in median house prices.
Over the longer term, Sydenham has seen property prices show investors a 34.48% return over the last 3 years. This is worse than over the last 12 months
Our latest figures would indicate that property sellers in Sydenham are currently offering property investors an average price cut of -2.90% below the asking price at the moment.
The VIC suburb of Sydenham, 3037 is in the Brimbank local government area.