At number 3508th in the list of Australian suburbs ordered by increase in median house value over the last year, Viewbank, 3084 is in the BOTTOM 20% with a property value increase of -11.22% recorded in median house prices.
The five-year average increase in median property values for Viewbank,3084 has given property investors a potential capital gain of 31.22% across each of those five years.
Property investors looking for a bargain in Viewbank should be aiming for at least -7.55% off the asking price, which is the average vendor discount being achieved at the moment.
Viewbank is 486th on a list of best yielding suburbs for rents in VIC with a 2.91% return
With a capital gain of 3.33% for the last 12 months, Viewbank, 3084 has performed for property investments than its average annual 3.74% property growth over the last 5 years.
While Viewbank,3084 ranked number 72th in VIC for increase in median house value (annualised) increase, it is ranked 92th over the last 5 years.
Residents and property investors in Viewbank have been waiting around 74.6364 days to sell a property.
With the median price for a house in Viewbank being $636500 and the advertised rent reaching $410 the gross rental yield for property investors calculates out to be 3.35%