Investment property in Dandenong North has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 11.64%
The five-year average increase in median property values for Dandenong North,3175 has given property investors a potential capital gain of 65.95% across each of those five years.
Dandenong North3175 is located in VIC which offers an average discount of -5.00% to property investors. Dandenong North itself is showing figures that indicate -3.89% is the average achievable by property buyers investing in the suburb.
With the median price for a house in Dandenong North being $614000 and the advertised rent reaching $360 the gross rental yield for property investors calculates out to be 3.05%
Dandenong North is an average performer in VIC when comparing median price capital growth over the last year. Dandenong North gave property investors a average capital gain figure when compared to the rest of the state, with 6.21%.
When looking at the potential capital gains offered to property investors over the last 3 years, Dandenong North comes in at number 25th in VIC.
Sellers are offering property buyers an average discount of -3.20% to buyers in Dandenong North at the moment, which is less than average for the rest of VIC.
Dandenong North is 248th on a list of best yielding suburbs for rents in VIC with a 3.58% return