With a capital gain of 34.65% for the last 12 months, Essendon West, 3040 has performed for property investments than its average annual 9.87% property growth over the last 5 years.
Comparing Essendon West,3040 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.00% offered to property buyers. Sellers in Essendon West itself are offering an average vendor discount of -4.15% to real estate investors.
Essendon West is 547th on a list of best yielding suburbs for rents in VIC with a 1.97% return