Property investors who have had real estate in Taylors Lakes, 3038 should be relatively 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 6.81%
When looking at the potential capital gains offered to property investors over the last 3 years, Taylors Lakes comes in at number 271th in VIC.
Property investors looking for a bargain in Taylors Lakes should be aiming for at least -4.37% off the asking price, which is the average vendor discount being achieved at the moment.
A $450 per week rent on the median house gives suburb investors a gross yield of circa 3.14%, without taking into account capital value appreciation, which has been averaging out at 6.59%.