Clayton, 3168 ranked 585th in VIC when comparing growth in median property values or capital gain over the last 12 months. Clayton is one of 2099 in our list for VIC
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Clayton has increased when compared to the 5 year average annual rate.
On average over the past year, suburb has had 5.83 sales per month, which equates to 70 per year.
A $460 per week rent on the median house gives suburb investors a gross yield of circa 2.25%, without taking into account capital value appreciation, which has been averaging out at 7.95%.
Giving property investors a a stable capital gain of 3.76% for the last year, Clayton, 3168 is the 393th highest performer in Australia in this respect.
Clayton,3168 was ranked 50 in Australia by increase in median property value over the quarter.
LACK OF BUYER INTEREST may well be the reason that Clayton is offering property investors an average of -6.31. This rate of discount on properties puts Suburb at number 139th in terms of most discounted suburbs in VIC
On average over the past year, suburb has had 8.08 sales per month, which equates to 97 per year.
With the median price for a house in Clayton being $600000 and the advertised rent reaching $430 the gross rental yield for property investors calculates out to be 3.73%