Over the last year, property investments in Aspendale, 3195 have given investors a capital gain of -13.50%. This compares very badly with the 3.76% for VIC as a whole.
A 56.61% growth in median value for property investors in Aspendale,3195 puts this suburb at number 677th in terms of best performing suburbs in VIC
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Aspendale, 3195. Typically our figures indicate that -8.66% is being offered, which puts this VIC suburb at 385th most discounted overall in Australia.
In the last year 80 properties changed hands in Aspendale, which puts it as the 324th most active market in VIC when comparing the number of sales per suburb.
With the median price for a house in Aspendale being $971000 and the advertised rent reaching $485 the gross rental yield for property investors calculates out to be 2.60%
If you compare the increase in value of investment property in Aspendale, 3195 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this VIC suburb was -6.50%.
Aspendale,3195 has offered an average of -6.50% return per annum in house price rises to property investors over the last three years.
Advertised rents are around the $492.5 mark per week – giving a return of 3.49% based on the median price in Suburb