Parkdale has had a pretty average year for property investment returns compared to the rest of VIC, giving investors a capital gain of 14.29% to date .
A 83.98% growth in median value for property investors in Parkdale,3195 puts this suburb at number 427th in terms of best performing suburbs in VIC
Parkdale, 3195 is offering VIC ‘s 485th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 30% of discounts offered by this VIC.
A $520 per week rent on the median house gives suburb investors a gross yield of circa 2.18%, without taking into account capital value appreciation, which has been averaging out at 7.50%.
Giving property investors a a solid capital gain of 14.78% for the last year, Parkdale, 3195 is the 278th highest performer in Australia in this respect.
If we look at median property appreciation over just the last three months, Parkdale has given property investors a paper return of 1.77%. This puts Suburb as 187 on a list of fastest fasting appreciating 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 Parkdale, 3195. Typically our figures indicate that -4.94% is being offered, which puts this VIC suburb at 708th most discounted overall in Australia.
Parkdale is 317th on a list of best yielding suburbs for rents in VIC with a 3.11% return