Property value increases in Taylors Hill have tracked close to the VIC average of 10.47% over the last 12 months.
While Taylors Hill,3037 ranked number 484th in VIC for increase in median house value (annualised) increase, it is ranked 406th over the last 5 years.
Our latest figures would indicate that property sellers in Taylors Hill are currently offering property investors an average price cut of -3.72% below the asking price at the moment.
A $425 per week rent on the median house gives suburb investors a gross yield of circa 3.20%, without taking into account capital value appreciation, which has been averaging out at 8.08%.
At number 39th in the list of Australian suburbs ordered by increase in median house value over the last year, Taylors Hill, 3037 is in the top 10% with a property value increase of 30.38% recorded in median house prices.
Taylors Hill,3037 was ranked 566 in Australia by increase in median property value over the quarter.
Situated 21.34km from the CBD, Taylors Hill is one of Melton localities in the postcode 3037.