Over the last year, property investments in Drysdale, 3222 have given investors a capital gain of 17.17%. This compares very favourably with the -1.79% for VIC as a whole.
Comparing Drysdale,3222 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
The most recent median price for Drysdale is $539000, with sellers offering an average of -5.19% off the asking price.
Renters in Suburb are facing rents around $20800 per annum or $400 every week.
Property investors who have had real estate in Drysdale, 3222 should be relatively pleased with this VIC suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 4.86%
Taking the average capital gain, or increase in median house value, Drysdale,3222 has racked up an average of 4.86% over the period. This ranks it number 219th in the whole country for real estate investors looking at median house price increases.
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 Drysdale, 3222. Typically our figures indicate that -3.09% is being offered, which puts this VIC suburb at 987th most discounted overall in Australia.
Using the current median advertised rental of $330 and the average annual increase in value of a median property of 4.97%, investors should hope to achieve an overall return of 4.51%