VIC has seen average median house prices change by 3.76% which means that Marong, 3515 has done well for property investors by showing a capital gain of -3.95% over the last year
Across a shorter period, Marong, 3515 has seen a median price increase of -0.82% over the last quarter.
LACK OF BUYER INTEREST may well be the reason that Marong is offering property investors an average of -5.61. This rate of discount on properties puts Suburb at number 463th in terms of most discounted suburbs in VIC
With the median price for a house in Marong being $365000 and the advertised rent reaching $350 the gross rental yield for property investors calculates out to be 4.99%