Pascoe Vale is in the TOP 20% in VIC when comparing median price capital growth over the last year. Pascoe Vale gave property investors a very good capital gain figure when compared to the rest of the state, with 8.13%.
Pascoe Vale,3044 has offered an average of 8.13% return per annum in house price rises to property investors over the last three years.
Property investors looking for a bargain in Pascoe Vale should be aiming for at least -6.90% off the asking price, which is the average vendor discount being achieved at the moment.
A $452.5 per week rent on the median house gives suburb investors a gross yield of circa 2.72%, without taking into account capital value appreciation, which has been averaging out at 6.08%.
At number 946th in the list of Australian suburbs ordered by increase in median house value over the last year, Pascoe Vale, 3044 is in the BOTTOM 40% with a property value increase of -2.87% recorded in median house prices.
If we look at median property appreciation over just the last three months, Pascoe Vale has given property investors a paper return of -0.16%. This puts Suburb as 292 on a list of fastest fasting appreciating suburbs in VIC
At number 189th of VIC’s most discounted properties, Pascoe Vale is in the TOP 30% of the state/territory when listing in order of most discounted to least.
Property investors should expect to get $420 weekly from the median priced house in this suburb.