Investment property in Eumemmerring 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 23.11%
Taking the average capital gain, or increase in median house value, Eumemmerring,3177 has racked up an average of 23.11% over the period. This ranks it number 142th in the whole country for real estate investors looking at median house price increases.
Property buyers and investors in Eumemmerring 3177 should be seeing an average reduction in asking price of around -4.63% . This means that Eumemmerring is holding prices well when compared to other suburbs in VIC.
At number 562 in a list of fastest selling suburbs, Eumemmerring is in the TOP 20% of suburbs in Australia with an average of days on market 37.83 for properties listed there.
With a capital gain of 11.74% for the last 12 months, Eumemmerring, 3177 has performed for property investments than its average annual 6.99% property growth over the last 5 years.
The five-year average increase in median property values for Eumemmerring,3177 has given property investors a potential capital gain of 40.34% across each of those five years.
Property investors looking for a bargain in Eumemmerring should be aiming for at least -8.13% off the asking price, which is the average vendor discount being achieved at the moment.
Property investors should expect to get $335 weekly from the median priced house in this suburb.