Property value increases in Vermont have tracked lower than the VIC average of 6.28% over the last 12 months.
If we look at median property appreciation over just the last three months, Vermont has given property investors a paper return of -2.32%. This puts Suburb as 574 on a list of fastest fasting appreciating suburbs in VIC
Property buyers and investors in Vermont 3133 should be seeing an average reduction in asking price of around -15.26% . This means that Vermont is holding prices well when compared to other suburbs in VIC.
In the last year 94 properties changed hands in Vermont, which puts it as the 285th most active market in VIC when comparing the number of sales per suburb.
Property investors should expect to get $460 weekly from the median priced house in this suburb.
Vermont has had a pretty good year for property investment returns compared to the rest of VIC, giving investors a capital gain of 9.29% to date .
While Vermont,3133 ranked number 6th in VIC for increase in median house value (annualised) increase, it is ranked 38th over the last 5 years.
Sellers are offering property buyers an average discount of -7.65% to buyers in Vermont at the moment, which is less than average for the rest of VIC.
A $425 per week rent on the median house gives suburb investors a gross yield of circa 2.89%, without taking into account capital value appreciation, which has been averaging out at 8.04%.