VIC has seen average median house prices change by 8.62% which means that California Gully, 3556 has done well for property investors by showing a capital gain of 5.88% over the last year
If we look at median property appreciation over just the last three months, California Gully has given property investors a paper return of 3.85%. This puts Suburb as 132 on a list of fastest fasting appreciating suburbs in VIC
California Gully3556 is located in VIC which offers an average discount of -5.19% to property investors. California Gully itself is showing figures that indicate -6.62% is the average achievable by property buyers investing in the suburb.
At number 2101 in a list of fastest selling suburbs, California Gully is just in the bottom half of suburbs in Australia with an average of days on market 77.57 for properties listed there.
A $270 per week rent on the median house gives suburb investors a gross yield of circa 5.20%, without taking into account capital value appreciation, which has been averaging out at 4.04%.