At number 3012th in the list of Australian suburbs ordered by increase in median house value over the last year, Pascoe Vale South, 3044 is in the BOTTOM 30% with a property value increase of -3.28% recorded in median house prices.
Taking the average capital gain, or increase in median house value, Pascoe Vale South,3044 has racked up an average of -3.28% over the period. This ranks it number 1008th in the whole country for real estate investors looking at median house price increases.
The most recent median price for Pascoe Vale South is $928500, with sellers offering an average of -4.45% off the asking price.
Residents and property investors in Pascoe Vale South have been waiting around 41.17 days to sell a property.
Advertised rents are around the $480 mark per week – giving a return of 2.69% based on the median price in Suburb
Pascoe Vale South is an average performer in VIC when comparing median price capital growth over the last year. Pascoe Vale South gave property investors a average capital gain figure when compared to the rest of the state, with 0.80%.
Pascoe Vale South,3044 was ranked 1370 in Australia by increase in median property value over the quarter.
With the median price for a house in Pascoe Vale South being $630000 and the advertised rent reaching $420 the gross rental yield for property investors calculates out to be 3.47%