Elmore is in the bottom 10% in VIC when comparing median price capital growth over the last year. Elmore gave property investors a dismal capital gain figure when compared to the rest of the state, with -19.10%.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Elmore has increased when compared to the 5 year average annual rate.
LACK OF BUYER INTEREST may well be the reason that Elmore is offering property investors an average of -5.04. This rate of discount on properties puts Suburb at number 217th in terms of most discounted suburbs in VIC
Situated 149.87km from the CBD, Elmore is one of Greater Bendigo localities in the postcode 3558.