With a capital gain of 5.21% for the last 12 months, Darley, 3340 has performed for property investments than its average annual 6.84% property growth over the last 5 years.
Darley,3340 has offered an average of 5.21% return per annum in house price rises to property investors over the last three years.
Our latest figures would indicate that property sellers in Darley are currently offering property investors an average price cut of -7.01% below the asking price at the moment.
In the last year 138 properties changed hands in Darley, which puts it as the 162th most active market in VIC when comparing the number of sales per suburb.
The VIC suburb of Darley, 3340 is in the Moorabool (S) local government area.
Darley is in the bottom 40% in VIC when comparing median price capital growth over the last year. Darley gave property investors a disappointing capital gain figure when compared to the rest of the state, with 1.37%.
Darley,3340 was ranked 752 in Australia by increase in median property value over the quarter.
At number 753 in a list of fastest selling suburbs, Darley is just in the bottom half of suburbs in Australia with an average of days on market 81.8182 for properties listed there.
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Bacchus March spot sticks it out
Median unit price: $325,000
Three-year growth: 18.2%
Rental yield: 5.4%
The peaceful suburb of Darley is the most highly populated locality in Bacchus Marsh. Having been settled in the 1830s, it is also the oldest settlement in this area.
Darley’s low median unit price is a drawing card for buyers at only $325,000. This could help account for the consistent positive trend the suburb has shown despite the downslide that has been observed throughout Victoria.
Many residents of Darley capitalise on its excellent location, which is bounded in the south by the Western Freeway. The suburb also contains two primary schools, Darley Primary School and Pentland Hills Primary School. Sports are played on the Darley Oval, which acts as the base of the Darley Football Club. Albert Street is the suburb’s commercial centre, and is also home of the local IGA supermarket.