Investment property in Dingley Village has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 17.47%
When looking at the potential capital gains offered to property investors over the last 3 years, Dingley Village comes in at number 148th in VIC.
With the median price for a house in Dingley Village being $881000 and the advertised rent reaching $477.5 the gross rental yield for property investors calculates out to be 2.82%
Property value increases in Dingley Village have tracked close to the VIC average of 6.72% over the last 12 months.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Dingley Village has increased when compared to the 5 year average annual rate.
Using the current median advertised rental of $435 and the average annual increase in value of a median property of 6.86%, investors should hope to achieve an overall return of 3.90%