Investment property in Edithvale 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 14.84%
When looking at the potential capital gains offered to property investors over the last 3 years, Edithvale comes in at number 62th in VIC.
Property investors should expect to get $470 weekly from the median priced house in this suburb.
Over the last year, property investments in Edithvale, 3196 have given investors a capital gain of 11.59%. This compares favourably with the 6.72% for VIC as a whole.
Comparing Edithvale,3196 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
A $370 per week rent on the median house gives suburb investors a gross yield of circa 2.98%, without taking into account capital value appreciation, which has been averaging out at 7.10%.