Investment property in Elmore has done poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -27.31%
Taking the average capital gain, or increase in median house value, Elmore,3558 has racked up an average of -27.31% over the period. This ranks it number 4008th in the whole country for real estate investors looking at median house price increases.
LACK OF BUYER INTEREST may well be the reason that Elmore is offering property investors an average of -5.20. This rate of discount on properties puts Suburb at number 266th in terms of most discounted suburbs in VIC
In the last year 13 properties changed hands in Elmore, which puts it as the 684th most active market in VIC when comparing the number of sales per suburb.