Quarry Hill is in the TOP 30% in VIC when comparing median price capital growth over the last year. Quarry Hill gave property investors a good capital gain figure when compared to the rest of the state, with 14.74%.
The five-year average increase in median property values for Quarry Hill,3550 has given property investors a potential capital gain of 21.52% across each of those five years.
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.19% offered to property buyers. Sellers in Quarry Hill itself are offering an average vendor discount of -5.60% to real estate investors.
In the last year 45 properties changed hands in Quarry Hill, which puts it as the 436th most active market in VIC when comparing the number of sales per suburb.
Advertised rents are around the $305 mark per week – giving a return of 3.96% based on the median price in Suburb