Investment property in Clunes has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -0.78%
Comparing Clunes,3370 ‘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 Clunes is $320000, with sellers offering an average of -13.23% off the asking price.
In the last year 31 properties changed hands in Clunes, which puts it as the 515th most active market in VIC when comparing the number of sales per suburb.
Using the current median advertised rental of $280 and the average annual increase in value of a median property of 6.81%, investors should hope to achieve an overall return of 4.55%