Investment property in Templestowe has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 6.62%
Templestowe,3106 has offered an average of 6.62% return per annum in house price rises to property investors over the last three years.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Templestowe, 3106. Typically our figures indicate that -6.43% is being offered, which puts this VIC suburb at 1303th most discounted overall in Australia.
Using the current median advertised rental of $600 and the average annual increase in value of a median property of 7.23%, investors should hope to achieve an overall return of 2.21%
Giving property investors a a solid capital gain of 26.12% for the last year, Templestowe, 3106 is the 71th highest performer in Australia in this respect.
Comparing Templestowe,3106 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
State is the 5th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -4.70% offered to property buyers. Sellers in Templestowe itself are offering an average vendor discount of -3.01% to real estate investors.
Often selling an investment property can take time, and in Templestowe the average time real estate has been on the market is 61.91 days.