Property investors who have had real estate in Abbotsford, 3067 should be relatively unhappy with this VIC suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 3.13%
Over the longer term, Abbotsford has seen property prices show investors a 59.35% return over the last 3 years. This is worse than over the last 12 months
Abbotsford3067 is located in VIC which offers an average discount of -5.04% to property investors. Abbotsford itself is showing figures that indicate -8.26% is the average achievable by property buyers investing in the suburb.
At number 583 in a list of fastest selling suburbs, Abbotsford is in the TOP 20% of suburbs in Australia with an average of days on market 45.5 for properties listed there.
A $600 per week rent on the median house gives suburb investors a gross yield of circa 2.53%, without taking into account capital value appreciation, which has been averaging out at 7.50%.
Property value increases in Abbotsford have tracked lower than the VIC average of 8.36% over the last 12 months.
Abbotsford,3067 was ranked 1321 in Australia by increase in median property value over the quarter.
At number 58th of VIC’s most discounted properties, Abbotsford is in the bottom 20% of the state/territory when listing in order of most discounted to least.
With the median price for a house in Abbotsford being $525000 and the advertised rent reaching $450 the gross rental yield for property investors calculates out to be 4.46%