With a capital gain of 8.43% for the last 12 months, Viewbank, 3084 has performed for property investments than its average annual 8.17% property growth over the last 5 years.
Over the longer term, Viewbank has seen property prices show investors a 34.45% return over the last 3 years. This is worse than over the last 12 months
At number 193th of VIC’s most discounted properties, Viewbank is in the bottom 30% of the state/territory when listing in order of most discounted to least.
In the last year 75 properties changed hands in Viewbank, which puts it as the 346th most active market in VIC when comparing the number of sales per suburb.
Property investors should expect to get $482.5 weekly from the median priced house in this suburb.
VIC has seen average median house prices change by 8.36% which means that Viewbank, 3084 has done well for property investors by showing a capital gain of 17.87% over the last year
Over the longer term, Viewbank has seen property prices show investors a 34.76% return over the last 3 years. This is worse than over the last 12 months
A $400 per week rent on the median house gives suburb investors a gross yield of circa 3.30%, without taking into account capital value appreciation, which has been averaging out at 6.99%.