Property investors who have had real estate in Tatura, 3616 should be 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 14.50%
Taking the average capital gain, or increase in median house value, Tatura,3616 has racked up an average of 14.50% over the period. This ranks it number 1038th in the whole country for real estate investors looking at median house price increases.
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 Tatura, 3616. Typically our figures indicate that -6.54% is being offered, which puts this VIC suburb at 1709th most discounted overall in Australia.
A $295 per week rent on the median house gives suburb investors a gross yield of circa 5.80%, without taking into account capital value appreciation, which has been averaging out at 4.12%.
Property investors who have had real estate in Tatura, 3616 should be 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 6.77%
Across a shorter period, Tatura, 3616 has seen a median price increase of -3.53% over the last quarter.
Tatura3616 is located in VIC which offers an average discount of -6.24% to property investors. Tatura itself is showing figures that indicate -4.48% is the average achievable by property buyers investing in the suburb.
At number 820 in a list of fastest selling suburbs, Tatura is in the bottom 40% of suburbs in Australia with an average of days on market 85.9231 for properties listed there.
Using the current median advertised rental of $215 and the average annual increase in value of a median property of 6.77%, investors should hope to achieve an overall return of 5.45%