Giving property investors a a stable capital gain of 8.32% for the last year, Aspendale, 3195 is the 1239th highest performer in Australia in this respect.
Across a shorter period, Aspendale, 3195 has seen a median price increase of -1.58% over the last quarter.
Aspendale3195 is located in VIC which offers an average discount of -5.19% to property investors. Aspendale itself is showing figures that indicate -4.10% is the average achievable by property buyers investing in the suburb.
Using the current median advertised rental of $550 and the average annual increase in value of a median property of 7.50%, investors should hope to achieve an overall return of 2.63%
Aspendale is in the bottom 20% in VIC when comparing median price capital growth over the last year. Aspendale gave property investors a dismal capital gain figure when compared to the rest of the state, with -4.21%.
Aspendale,3195 was ranked 1194 in Australia by increase in median property value over the quarter.
State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -4.65% offered to property buyers. Sellers in Aspendale itself are offering an average vendor discount of -6.23% to real estate investors.
Aspendale is 256th on a list of best yielding suburbs for rents in VIC with a 3.48% return