Property investors who have had real estate in Clarinda, 3169 should be ok with this VIC suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -3.33%
The five-year average increase in median property values for Clarinda,3169 has given property investors a potential capital gain of 34.65% across each of those five years.
Using the current median advertised rental of $455 and the average annual increase in value of a median property of 6.23%, investors should hope to achieve an overall return of 3.02%
At number 1296th in the list of Australian suburbs ordered by increase in median house value over the last year, Clarinda, 3169 is in the BOTTOM 20% with a property value increase of -12.50% recorded in median house prices.
Across a shorter period, Clarinda, 3169 has seen a median price increase of 4.02% over the last quarter.
Using the current median advertised rental of $427.5 and the average annual increase in value of a median property of 5.40%, investors should hope to achieve an overall return of 3.82%