If you compare the increase in value of investment property in California Gully, 3556 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this VIC suburb was 3.57%.
Across a shorter period, California Gully, 3556 has seen a median price increase of 1.75% over the last quarter.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in California Gully, 3556. Typically our figures indicate that -3.76% is being offered, which puts this VIC suburb at 2872th most discounted overall in Australia.
Renters in Suburb are facing rents around $15600 per annum or $300 every week.
A $270 per week rent on the median house gives suburb investors a gross yield of circa 7.80%, without taking into account capital value appreciation, which has been averaging out at 22.98%.