Property investors who have had real estate in Dandenong North, 3175 should be relatively unhappy 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 -7.69%
When looking at the potential capital gains offered to property investors over the last 3 years, Dandenong North comes in at number 403th in VIC.
Our latest figures would indicate that property sellers in Dandenong North are currently offering property investors an average price cut of -9.56% below the asking price at the moment.
Giving property investors a an unimpressive capital gain of -4.79% for the last year, Dandenong North, 3175 is the 946th highest performer in Australia in this respect.
Comparing Dandenong North,3175 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Our latest figures would indicate that property sellers in Dandenong North are currently offering property investors an average price cut of -11.39% below the asking price at the moment.
Often selling an investment property can take time, and in Dandenong North the average time real estate has been on the market is 76.1538 days.
With the median price for a house in Dandenong North being $447500 and the advertised rent reaching $330 the gross rental yield for property investors calculates out to be 3.83%