Property value increases in Niddrie have tracked just higher than the VIC average of 4.41% over the last 12 months.
Comparing Niddrie,3042 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Property investors looking for a bargain in Niddrie should be aiming for at least -5.29% off the asking price, which is the average vendor discount being achieved at the moment.
In the last year 63 properties changed hands in Niddrie, which puts it as the 361th most active market in VIC when comparing the number of sales per suburb.
At number 468th in the list of Australian suburbs ordered by increase in median house value over the last year, Niddrie, 3042 is in the top 40% with a property value increase of 5.74% recorded in median house prices.
When looking at the potential capital gains offered to property investors over the last 3 years, Niddrie comes in at number 278th in VIC.
Niddrie, 3042 is offering VIC ‘s 159th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 40% of discounts offered by this VIC.
On average over the past year, suburb has had 3.67 sales per month, which equates to 44 per year.
Property investors should expect to get $474.5 weekly from the median priced house in this suburb.