Over the last year, property investments in Nunawading, 3131 have given investors a capital gain of -17.54%. This compares very badly with the -1.69% for VIC as a whole.
If we look at median property appreciation over just the last three months, Nunawading has given property investors a paper return of -4.40%. This puts Suburb as 634 on a list of fastest fasting appreciating suburbs in VIC
Property investors looking for a bargain in Nunawading should be aiming for at least -9.93% off the asking price, which is the average vendor discount being achieved at the moment.
The VIC suburb of Nunawading, 3131 is in the Whitehorse (C) local government area.
At number 999th in the list of Australian suburbs ordered by increase in median house value over the last year, Nunawading, 3131 is in the BOTTOM 40% with a property value increase of -5.89% recorded in median house prices.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Nunawading has increased when compared to the 5 year average annual rate.
Property buyers and investors in Nunawading 3131 should be seeing an average reduction in asking price of around -4.57% . This means that Nunawading is holding prices well when compared to other suburbs in VIC.
On average over the past year, suburb has had 2.58 sales per month, which equates to 31 per year.
Renters in Suburb are facing rents around $21840 per annum or $420 every week.