VIC has seen average median house prices change by -1.79% which means that Spring Gully, 3550 has not done well for property investors by showing a capital gain of -8.33% over the last year
If we look at median property appreciation over just the last three months, Spring Gully has given property investors a paper return of -3.74%. This puts Suburb as 618 on a list of fastest fasting appreciating suburbs in VIC
Vendor discounting in Spring Gully is giving property investors an average Vendor Discount of around -5.80%. This puts suburb at number 418th in VIC when ranking the most discounted suburbs.
Spring Gully, 3550’s gross rental yield is 4.86%
Property investors who have had real estate in Spring Gully, 3550 should be relatively pleased with this VIC suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 2.79%
While Spring Gully,3550 ranked number 18th in VIC for increase in median house value (annualised) increase, it is ranked 155th over the last 5 years.
At number 598 in a list of fastest selling suburbs, Spring Gully is just in the top half of suburbs in Australia with an average of days on market 77 for properties listed there.
The VIC suburb of Spring Gully, 3550 is in the Greater Bendigo (C) local government area.