Fitzroy, 3065 ranked 652th in VIC when comparing growth in median property values or capital gain over the last 12 months. Fitzroy is one of 2099 in our list for VIC
While Fitzroy,3065 ranked number 189th in VIC for increase in median house value (annualised) increase, it is ranked 295th over the last 5 years.
LACK OF BUYER INTEREST may well be the reason that Fitzroy is offering property investors an average of -5.61. This rate of discount on properties puts Suburb at number 162th in terms of most discounted suburbs in VIC
Fitzroy, 3065’s gross rental yield is 2.79%
With a capital gain of -3.48% for the last 12 months, Fitzroy, 3065 has performed for property investments than its average annual 3.38% property growth over the last 5 years.
The five-year average increase in median property values for Fitzroy,3065 has given property investors a potential capital gain of 20.38% across each of those five years.
Property buyers and investors in Fitzroy 3065 should be seeing an average reduction in asking price of around -4.99% . This means that Fitzroy is holding prices well when compared to other suburbs in VIC.
On average over the past year, suburb has had 6.25 sales per month, which equates to 75 per year.
Fitzroy is 197th on a list of best yielding suburbs for rents in VIC with a 3.93% return