Property value increases in Essendon North have tracked close to the VIC average of -1.79% over the last 12 months.
The five-year average increase in median property values for Essendon North,3041 has given property investors a potential capital gain of 41.52% across each of those five years.
Essendon North is 601th on a list of best yielding suburbs for rents in VIC with a 2.23% return
Essendon North has had a pretty good year for property investment returns compared to the rest of VIC, giving investors a capital gain of 3.85% to date .
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Essendon North has fallen somewhat when compared to the 5 year average annual rate.
Property investors looking for a bargain in Essendon North should be aiming for at least -6.64% off the asking price, which is the average vendor discount being achieved at the moment.
Essendon North is 61th on a list of best yielding suburbs for rents in VIC with a 5.01% return