At number 1205th in the list of Australian suburbs ordered by increase in median house value over the last year, Gisborne, 3437 is in the top 30% with a property value increase of 8.53% recorded in median house prices.
Taking the average capital gain, or increase in median house value, Gisborne,3437 has racked up an average of 8.53% over the period. This ranks it number 1057th in the whole country for real estate investors looking at median house price increases.
Sellers are offering property buyers an average discount of -3.45% to buyers in Gisborne at the moment, which is less than average for the rest of VIC.
Using the current median advertised rental of $450 and the average annual increase in value of a median property of 7.94%, investors should hope to achieve an overall return of 3.34%
At number 421th in the list of Australian suburbs ordered by increase in median house value over the last year, Gisborne, 3437 is in the top 30% with a property value increase of 9.63% recorded in median house prices.
Gisborne,3437 has offered an average of 9.63% return per annum in house price rises to property investors over the last three years.
Sellers are offering property buyers an average discount of -2.99% to buyers in Gisborne at the moment, which is less than average for the rest of VIC.
At number 658 in a list of fastest selling suburbs, Gisborne is just in the top half of suburbs in Australia with an average of days on market 68.52 for properties listed there.