Dingley Village is in the bottom 20% in VIC when comparing median price capital growth over the last year. Dingley Village gave property investors a dismal capital gain figure when compared to the rest of the state, with -3.40%.
The five-year average increase in median property values for Dingley Village,3172 has given property investors a potential capital gain of 54.91% across each of those five years.
The most recent median price for Dingley Village is $852000, with sellers offering an average of -7.18% off the asking price.
Dingley Village, 3172’s gross rental yield is 2.94%
Over the last year, property investments in Dingley Village, 3172 have given investors a capital gain of 18.98%. This compares very favourably with the 4.59% for VIC as a whole.
While Dingley Village,3172 ranked number 46th in VIC for increase in median house value (annualised) increase, it is ranked 39th over the last 5 years.
Our latest figures would indicate that property sellers in Dingley Village are currently offering property investors an average price cut of -1.61% below the asking price at the moment.
Using the current median advertised rental of $417.5 and the average annual increase in value of a median property of 7.07%, investors should hope to achieve an overall return of 3.38%