If you compare the increase in value of investment property in Fawkner, 3060 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this VIC suburb was 19.60%.
The five-year average increase in median property values for Fawkner,3060 has given property investors a potential capital gain of 72.18% across each of those five years.
Vendor discounting in Fawkner is giving property investors an average Vendor Discount of around -3.46%. This puts suburb at number 488th in VIC when ranking the most discounted suburbs.
Advertised rents are around the $385 mark per week – giving a return of 2.90% based on the median price in Suburb
With a capital gain of 12.50% for the last 12 months, Fawkner, 3060 has performed for property investments than its average annual 6.62% property growth over the last 5 years.
The five-year average increase in median property values for Fawkner,3060 has given property investors a potential capital gain of 17.80% across each of those five years.
At number 241th of VIC’s most discounted properties, Fawkner is in the TOP 30% of the state/territory when listing in order of most discounted to least.
Renters in Suburb are facing rents around $4230 per annum or $352.5 every week.