With a capital gain of -4.89% for the last 12 months, Fitzroy North, 3068 has performed for property investments than its average annual 7.16% property growth over the last 5 years.
Comparing Fitzroy North,3068 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
The most recent median price for Fitzroy North is $1400000, with sellers offering an average of -6.83% off the asking price.
Often selling an investment property can take time, and in Fitzroy North the average time real estate has been on the market is 74 days.
Property investors should expect to get $675 weekly from the median priced house in this suburb.
Fitzroy North is in the TOP 30% in VIC when comparing median price capital growth over the last year. Fitzroy North gave property investors a good capital gain figure when compared to the rest of the state, with 11.78%.
Over the longer term, Fitzroy North has seen property prices show investors a 9.34% return over the last 3 years. This is an improvement over the last 12 months
LACK OF BUYER INTEREST may well be the reason that Fitzroy North is offering property investors an average of -5.45. This rate of discount on properties puts Suburb at number 301th in terms of most discounted suburbs in VIC
Advertised rents are around the $440 mark per week – giving a return of 3.52% based on the median price in Suburb