VIC has seen average median house prices change by -1.79% which means that Ormond, 3204 has not done well for property investors by showing a capital gain of -18.31% over the last year
Taking the average capital gain, or increase in median house value, Ormond,3204 has racked up an average of -18.31% over the period. This ranks it number 3526th in the whole country for real estate investors looking at median house price increases.
Giving property investors a an average capital gain of -3.23% for the last year, Ormond, 3204 is the 828th highest performer in Australia in this respect.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Ormond has increased when compared to the 5 year average annual rate.
Ormond, 3204 is offering VIC ‘s 178th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 40% of discounts offered by this VIC.
Ormond is 290th on a list of best yielding suburbs for rents in VIC with a 3.51% return